Each agency has slightly different criteria and limits but the process for setting rents is roughly the same and has 2 components. 1) The tenant voucher is based on the tenant’s specific finances and number of people within the family unit.  

I like to hear other people's opinions.

That shows real estate can be possible for anyone; in my opinion, I know everyone has unique and challenging situations, but in principle, anyone who can follow some basic budget fundamentals can save up enough for a down payment.Grateful BiggerPockets continues to bring more people into the industry!

If you have the right people in place it can still be done.

Is this how it works, wanted to know from people who have their star’s managed my property management company?

For example: We provide tax preparation and advisory services to people who invest in commercial (including multifamily) real estate, and high w2 earners investing in short-term rentals.

Network with purpose: Surround yourself with people already crushing it in multifamily—mentors and partners will accelerate your growth.

And at the top, you need three key people: an artist (to deliver a great product), a manager (to keep things running smoothly), and an entrepreneur (to drive it forward).

A mentor ship program is how most people do it.

My mission is to have people use creative financing  safely, ethically, and legally.