Hey Llamier, congrats on taking the leap!

The Landlord will verify that the rental is empty of all personal belongings and trash and that there is no damage beyond ordinary wear and tear. 

There are a good amount of investors on here who could take down (including myself) a portfolio of rentals 

Take your time and look for other financing strategies with less risk.

Hey @Erika Andersen I totally hear you in wanting to save some money and taking on the task yourself.

I have decent liquid assets but they would take a huge hit dropping 10-20 percent on a 2 million + loan.  

Verifying last 2-years of rental history and income/employment extremely important to find the “best of the worst”.Tenant Default: 20-30% probability of eviction or early lease termination.Section 8: Class D rents meet program requirements, often challenges to pass Section 8 inspection.Vacancies: 20%+, depending on market conditions and tenant screening.Cashflow vs Appreciation: Typically, all cashflow with little, maybe even negative, relative rent & value appreciation.Where did we get our FICO credit score information from?

Sequence of follow ups on concrete blocks delivery since Jan 2023.23rd Jan: First follow up response - concrete blocks will take time since it's the slowest part. 24th Feb: Second follow up response - still waiting on block delivery schedule from the vendor.21st Mar: Third follow up response - vendor said they will have a batch of deliveries going out next week. 28th Mar: Fourth follow up - haven't heard back.6th Apr: Fifth follow up - haven't heard back.

Congrats on taking action and networking within the community! 

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