What I definitely lack is local knowledge and experience.

That said, I'm all ears, looking to soak up as much knowledge as I can!

Despite the fact that I only owned an 8 unit building (purchased last year) and had never used Agency financing, it took us just over three months from application to close.It was quite an experience but I had good assistance from the folks at Red Capital on the Freddie financing - they walked me through a lot of the process and gave me a good idea of what I needed to do. 

I want to know if anyone with some more experience and knowledge can give us on advice if A) this is possible ?

Hi all-got a question I'm hoping you knowledgable folks may be able to weigh in on. 

My future location will be:Long Island, NYPortland, ORCocoa Beach, FLSan Antonio, TX Any info such as large trends or experience/knowledge of these markets is appreciated!!

@Tony Asbille I use Buildium which is one stop shop that means does everything for me and you can add features and everything is on cloud and the support very knowledgeable and professional.

From my knowledge from combing through bigger pockets I was planning to add up - 50%(expenditures + vacancies) + PM fees + EMI. to answer your question about, whether it is being strict - I think its always good to be on the conservative side rather than being on the aggressive side.

I'll definitely look into joining the Knoxville REIA so I can hopefully get a good start and meet some knowledgeable folks :)

Please correct me if I'm wrong like I said I'm new and don't have all the knowledge.