I jumped onto more active REI Q4 22 when i realized some managers had no grasp of a changing environment, and others were way ahead of it.

For example, investing on the south shore may offer affordable property prices, but it may also come with high crime rates and a less stable environment.

Mortgage Loan Originator Career: Essential QuestionsCompany Culture & Support: What kind of work environment thrives on growth? 

A lot of homeowners like to play lawyer and think they can avoid any liability by having an all-inclusive disclaimer and rental contract.

Popular choices include Katy, Fort Bend, Spring, and Cypress, all offering excellent schools, a family-friendly environment, and affordable housing.

Despite the allure of STRs, the market's complexities and regulatory environment suggest a cautious approach.

I just checked online with department of health and found this article.https://doh.wa.gov/community-and-environment/wastewater-management/septic-system/caring-your-system#:~:text=If%20your%20system%20is%20only,a%20more%20stringent%20inspection%20requirement.

This type of financing will typically look very different and more like a traditional commercial real estate loan.That means a DSCR calculated based on a full NOI and expense load (so inclusive of vacancy loss estimates, credit loss estimates, repairs and maintenance, utilities, management fees and more – in addition to the property taxes and insurance expense that are the only expenses factored in on traditional residential style DSCR loan financing).Additionally, the DSCR minimums are generally going to be higher (typically up to 1.25x), the loan to value ratios lower (higher down payments) and underwrite more sophisticated (which makes sense considering the size and scope of the property).Many multifamily investors for properties of this size (such as more than 11 units) can syndicate capital and have more sophisticated financial and entity structures – its definitely a different world once you get up here in unit count.In Conclusion – when you are looking to invest in multifamily real estate and finance your investment – make sure you have the unit count in mind before you start shopping – the unit range can have a huge effect on your options.

It’s very common in today’s environment that not only are deals too tight for an Agency exit today, but the value add business plan was delayed for any reason whether it was a change in management, slower lease up than anticipated, and now the property is trending positively each month towards Proforma numbers, but needs a bit more life, there are ways to get it done!

Set an all-inclusive not-to-exceed price for what I would contribute and waited until the decided it was time to let go.