If a bank does this, they have no flexibility in their lending and must meet Fannie Mae's and Freddie Mac's requirements in each loan.

To give you an idea of what taxes look like on a sale below is an example for a property in Texas, obviously everyone's situation is unique and you'll need to meet with a CPA. 

You have the tools and mindset that work with larger scale commercial so I would network until you meet someone who may let you run some of their deals with them and see what they look like in person.

Im hosting an investor meet-up tonight.

I’m here to learn as much as I can, meet like-minded people, and get advice on making a solid first deal.

To avoid going through the same poor experience, keep reading.Even if someone gives you a referral here, do NOT make the mistake of assuming that the PMC will meet your expectations, just because they met the expectations of the referral source.In our experience, the #1 mistake owners make when selecting a Property Management Company (PMC) is ASSUMING instead of CONFIRMING.It's often a case of not doing enough research, as they don't know what they don't know!

For those of you looking for accountability opportunities, and small group masterminds I encourage you to join me at Momentum 2025, it's an 8-week summit with weekly virtual courses and meetings.

EDUCATE YOURSELF - yes, it will take time, but will lead to a selection that better meets your expectations & avoids potentially costly surprises!

It’s a great way to meet local demand while creating steady cash flow.

Set your boundaries in advance, and if the deal doesn’t meet your criteria, politely bow out.