Based on the numbers seems like it was a straight forward conventional loan...any challenges?

Just like you wouldn't buy a stock without researching the company, you shouldn't buy a property without knowing the market, running the numbers, and understanding your tenant base.👀 Risk ManagementBoth investments require risk management:Stocks: Company performance, market conditions, economic factorsReal estate: Property maintenance, tenant quality, local market changesBut guess what?

Based on what I am seeing Ft Myers and Lehigh and not doing well.Cashflow has always been tough in most areas of FL, SWFL is no exception.

Hi BiggerPockets Community,My name is Yael Doron, and my husband, Ido, and I are real estate investors based in Israel.

I see you are located in Royal Oak, that is the area we've actually been looking at as I'll be based in Warren at the Arsenal. 

Following - I'm based in California 

By reducing the principal balance, your lender recalculates your monthly payment based on the new, lower balance.How Does Mortgage Recasting Work?

When you have a proven track record of performance, then you can play with other people's money. 

The rule is based on if it's "within the primary dwelling unit" of the taxpayer or not. 

Document clearly anything you do to screen the applicant and make sure you do the same for all similar instances.