The 1% rule is one of the most flawed underwriting techniques anyone can rely on.  

During the inspection, I uncovered so many issues that I negotiated the price down to $105,000.

Every system you try will have flaws or you'll salivate over a feature that shows up in other software.

Look, ya might as well invested in Arizona future beach front while at it, YES that's how flawed that whole investment reads to me FROM START.   

., @Jay Hinrichs and @V.G Jason have done an excellent job of laying out a flaw in your thinking, and I will take it a couple of points further.1.

Every system you try will have flaws, or you may salivate over a feature that appears in other software.Some familiar names are mentioned frequently: Stessa, Apartments.com, RentRedi, TenantCloud, Innago, RentManager, Avail, Rentec Direct, Doorloop, etc.I recommend conducting thorough research on each app online to understand their offerings, pricing, etc.

Because those methods are fundamentally flawed.

They now freely admit the transaction throughput flaws I pointed out when Bitcoin was in its infancy.  

Every system you try will have flaws, or you may salivate over a feature that appears in other software.Some familiar names are mentioned frequently: Stessa, Apartments.com, RentRedi, TenantCloud, Innago, RentManager, Avail, Rentec Direct, Doorloop, etc.I recommend conducting thorough research on each app online to understand their offerings, pricing, etc.

Generally there is consensus that DSCR Lenders can only offer a 1% prepayment penalty for up to 3 years in MI, but some lenders have recently reportedly been flaunting this rule - I would just tread carefully here in this area, generally not advisable to get potentially tangled up in a flawed legal doc with a non-sophisticated or fly by night lender