Hey everyone, Just another Tuesday evening obsessing over real estate.

In my opinion, it is better to get a property rented quickly (even if it means reduced rent) than it is to get it rented for the highest amount possible. 

Anytime something seems even just a little off, REPORT it, just to have it on record. 

Even with the renovated units it does not appear that there are enough prospective tenants to make this worth your while.

In fact, many of our clients will concentrate their cash into one of the purchases and even purchase it with no debt if possible. 

Also, focus on 2 years of job/income stability.Class D Properties:Cashflow vs Appreciation: Typically, all cashflow with little, maybe even negative, relative rent & value appreciationVacancy Est: 20%+ should be used to cover nonpayment, evictions & damages.Tenant Pool: majority will have FICO scores under 560 (almost 30% probability of default), little to no good tradelines, lots of collections & chargeoffs, recent evictions.

Many lenders will allow you to do a BRRRR and take cash out, even without owning the property for 6 to 12 months.

Hi John,Welcome to the world of real estate investing—it sounds like you’ve got an amazing foundation to build on, even if you’re just starting out.

It’s in pretty good shape at this point, rentable.I travel a lot for work, and a friend gave me the idea to do a short term rental as a one bedroom, locking all of my stuff in the other bedroom and office - I applied today and was denied because I don’t own both sides of my HPR, even though I have written permission from the owner of the other half….

I’ve heard a lot about BRRRR, fix-and-flip, and rental properties, but I’m curious about what’s working for you all right now.I know from talking to people that some have gotten into bad deals while using their own money, and I’m worried that using bank funding and ending up in a bad deal could make things even worse—not just for the investment but for the relationship with the bank as well.I’m just trying to make sure my clients use this funding in the right way, without getting themselves into a tough spot.