I have been trying to find a rental in Austin and numbers are way off. Thinking of moving to nearby cities. What is your experience of this market as well as Temple.

Tenant has been making consistent payments so far so that's not the issue.

There was no consistent "mentoring" throughout the course, despite what was implied, or at least what I implied at the bootcamp webinar.

My current portfolio consists of 8 units, a fourplex, a duplex and two SFHs, in 3 different states.

Additionally, we are digging into BLS data to compare already existing data.

Corvallis is notoriously “anti-building”, a more hyper-inflated market inside of its own bubble compared to the rest of the willamette valley.

As others have mentioned, the rate will be higher compared to a loan with a 5 year prepayment penalty. 

As @Carl Millsap said it depends on how much more in rent you're getting compared to the costs of renovating.

Start by thoroughly evaluating leads for profitability, calculating ARV (After Repair Value) based on comparable properties sold in the area within the past six months.

I'm also a former math teacher, so trust me, setting up an S-Corp for operations is NOTHING compared trying to get 30 twelve year olds at an urban school to learn math according to state standards.