Affordable relative to the rest of the US so great place to work remote or just enjoy a reasonable life without being hugely cost burdened Cons: A lot of older than 1980s construction (you 100% can be successful with these properties just have more to check during due diligence) Need to be mindful of market rents in the area and not overspend on renovations where there is not ROI to do so, you can’t usually exceed $2 sf on rental rates and average price per sf is 1.25-1.5 sf (neighborhood, unit type, and finish level specific).KC is not a boom and bust market, you don’t get the high highs or the low lows.

I think the winter market concerns are really primarily only really worrying if you are looking at a larger SFR attracting families to due the "school year" issue - but other types of strategies I don't think its as much of a concern

This letter serves as official notice in accordance with your rental agreement.Even after this increase, we believe we are still at or below the average market rent for a unit of this type and hope you agree.

Do you have any personal experience with these types of programs?

This is Occupancy Fraud, a very common type of mortgage fraud. 

I had a whole Analysis typed out but my wifi cut out so I've retyped a summed up version.

What type of fund offers 12%?   

What made you interested in investing in this type of deal?

As a former college baseball player (albeit D3) and current coach for my 15U son, I commend you on your interest in real estate while still in school and playing ball.What type of property are you looking to acquire first?

There are several different types of income in the US tax code.Two main types are “active income” and “passive income".Active income is money you earn from working, such as wages from a W-2 job or income from running a business.Passive income is money you earn from investments like real estate, stocks, or rental income from your RE portfolio where you earn $ without actively working.Normally, you can't use passive losses (like losses from real estate investments) to offset active income like your salary from a W-2 job.That is unless you are an RE Pro.The reality is, that Real Estate Pro status is just a filing status similar to filing married or jointly.And if you are a real estate professional you CAN use passive real estate losses to offset active income from other sources.To qualify as an RE Pro you must:1.