Hi Hana,We are a direct lender, not a broker and have aggressive DSCR interest rates and can use your existing appraisal.

Sure, the fill time can be almost non-existent, but you also may need to abide to standards accepted by the previous property owner.

All of these are useful, but how useful will depend on your existing real estate experience when you sign up.Is it useful?  

The market in Florida is crazy and the probability that you find a deal on the MLS is almost non-existent where I am.

It exists, I've done them.

This amounts to lost opportunity because if you had purchased RE, at the closing it can start producing return. 5) ADUs detract from the existing structure whether this is privacy, a garage, or just yard space. 6) this is related to number 1, but there are many more buyers looking to purchase homes for their family than there are RE investors looking to purchase small unit count properties.

Getting them to pony up even when they are at fault is impossible.2) This condition existed when you purchased.

I buy existing land contracts all the time but I wouldn't create one in any state.

Back in the day we carried a balance of $100,000+ that was owed to us and that is now down to only $10,000 or so and we only cover out of pocket if it's an emergency.The PM must have sufficient reserves to do the necessary maintenance work and shouldn't be chasing landlords for money.Just my opinion...Also, a PM's number 1 profit center is maintenance up charge.Landlords don't have much insight and PM's nickel and dime to death on those.If you are suspicious, ask for a receipt so they aren't making up non existent maintenance.Let them make their money tho and calculate that into your expense pro-forma.Otherwise, manage yourself and deal with the $#%^@ that comes with it lol.Multifamily in Ohio, you can get for $25,000 - $35,000 a unit.Drop another $5,000 - $10,000 into the turns and rents should be North of $800pm.Decent area's also.Personally, I wouldn't get out of bed unless I'm making the above numbers.Wishing you much success

Assuming that is the case, I would prioritize entitlements over paying off your existing mortgage.