I was in a contract for a duplex, the appraisal come back materially lower than asking price, 14% cheaper, the seller made my agent to challenge the appraisal by submitting a set of comps at and beyond asking price in the same area, we ask my lender to revalue, the revaluation result came back, same price as initial appraisal.

Hello everyone,
My husband and I are working to build a rental portfolio. We recently relocated from our primary residence to a rental property ourselves (we recently welcomed a baby, and our house no longer accommod...

you can build triplexes in columbus for cheaper. if it was more about you living in Grandview could work out but that's a tough exit one unit won't even get 0.5% rule.

Yes, there isn't much involved here either to teach HUD classes, the material is prepared, you teach it.

I am wanting to shed some of my material items to go chase some experience.

Cash flow is definitely the biggest challenge; both in terms of finding properties to buy that cash flow with a loan on them and just company wide given interest rates and labor/material is up and, at least where I'm at in Jackson County, MO, taxes are way up too. 

I have a client that owns a few properties off Web Gin House and they stay rented to long term tenants due to the schools.I'd be very selective and conservative on your numbers going into Decatur / Smyrna / Marietta for a 3/2 LTR - lots of rentals in these areas and can be tough to lease up.

If you are going to rent it and want to take advantage of the tax benefits be aware of material participation requirements and limitations on personal use. 

In your case going to a fifth unit as noted above could actually reduce the value, so I'd be cautious of that since that materially degrades their collateral.

Get something durable in a color that does not stain easy and a material that can be scotchguarded and you will be good for several years.