Verifying last 2 years of rental history very important!

We have an upcoming meeting with them to see how we can extend the loan a few more years to make the total monthly payment including installments for the annual property tax bill, which we’ve had to pay for them this year since they were late the last couple years and had to pay interest to the county. 

Quote from @Chris Ganz: @Charles Carillo after the initial lease which was a yearly one was up, I switched it over to a month-to-month.

Quote from @Angel Peng: Interested to know what you have decided.

Since my first property is long-distance, I figured it’d make sense to look for my next one closer to home.

I agreed to handle one of their portfolios for free (he's actually still with us nearly 15 years later) if he would build out a system to help us build out the database system.

One of the reasons we have such a high success rate with navigating a state that so many say is not landlord friendly is because we know the areas to go to and the area t avoid. 

This has been my observation in 45 years in real estate investment.  

So, after closing costs I would need roughly 55k cash to bring to the table. 

Quote from @Manuel Moreno: Quote from @Robert Ellis: Quote from @Manuel Moreno: Hey Bigger Pockets community,My family has been in commercial real estate development for years, and one recurring pain point we’ve constantly dealt with is unexpected site costs.