No paper towels, no "flushable wipes", no dental floss, no hygiene products, no tee shirts (real example). 

no argument from me.. but I think they do that to legitimize the company/loan product.

It's been a little bit, but he's a solid guy who knows the markets and is local and can get you the right $ product. 

If that's not the monthly income, you are arriving at your cap rate by using incorrect expense ratios/expense figures and/or the property benefits from an extremely favorable tax abatement which skews the operating costs.

I personally think sevier county is one of the best areas in the country to invest in both now (if you pick the right product) and especially long term.

To me, that was useful and we moved on to discussing more productive things.

I'm absolutely not interested in leasing fast at all and I'm extremely picky about tenants and I do things like require a large security deposit (even for section 8 renters, I have three of them and love them), don't supply appliances, take my time doing background checks and arranging multiple calls/meetings with potential tenants. 

(high five) I work from home in the Tech industry as a software Product Manager. 

If you’re serious about this endeavor put your current home on Zillow to rent with an occupancy in 90 days before you sign a PA for the next house.There are other lending products that are not as strict but the terms are different.

Hi @Yents Ybrimovic - I love the FHA 203k renovation, but to be honest I love the Fannie May HomeStyle renovation loan even more.As an investor and a general contractor, I have used both products here in Chicago!