We actually spun out our PM work to be public facing and we're able to provide repairs to other owners at a much better price and with a much faster turn around than most other companies that are looking more a SFR remodels.

With the original mortgage loan the interest is fixed but compounded and over 2/3 of it is going towards interest each month, so I continue to make barely a dent in the principal. 

Despite the fact that some markets were faced with 200% YOY increases this/last year, there doesn't seem to be a justification for this UW assumption.

He fast talked me and barely answered any questions.

Seller Default: If the seller defaults on their obligations, the buyer may face challenges in recovering their investment.

AirBNB isn't the only game in town.You need to be on both at a bare minimum.

Having the bare minimum can be okay but it also puts them in danger if something should cost the HOA and when that account goes to zero or under 10% they generally raise the HOA fee's.

Much thanks to anyone who can weigh in with their expertise.Not per se if purchasing existing paper, but the subsequent noteholder may face issues if requirements weren't met at origination.

@Conrado BalicustoWe utilize RentecDirect.com as a tenant facing portal to collect our rent, deposit it to our bank account, market our properties, screen our tenants, handle our accounting and more.  

You cannot take information received from an investment promoter at face value and use it to "calculate" your risk in a deal.