Rent out your units at, or slightly below, the market rate and gradually increase rents YOY (2-2.5%).This strategy will allow you to get your foot in the door with a low down payment AND less competition.

So…put your best foot forward and invest in decor first! 

Pay Attention To Your Credit Score Although we don’t have any income requirements, we do want to know that you are on solid financial footing.

Pay Attention To Your Credit Score Although we don’t have any income requirements, we do want to know that you are on solid financial footing.

One year ago I purchased my first rental, house hacking a 4000 square foot duplex.

When the percent hits 85%, you will break even (and it’s linear).

Being in the real estate industry primarily its most often that I'm required to jump through many hoops just to get affordable financing and I was surprised by the fact that for many years I had to use my personal credit just to build my business and it always bothered me that why would I need to be suffering from lower than desirable credit scores and debt for something that had its own business entity and needed to get its own footing established.

Zestimate just looks at the cold, hard facts......square footage, price per square foot, etc. 

What Bruce said, I just finished one for a customer in Arizona and it was north of $400 a square foot.

Several years ago, you could find a rough house in 35810, 35811, 35816, or 35805 for less than 100 a square foot, rehab it, and rent it for cash flow.