If certain requirements are met, this is possible with as little as 3.5-5% down for full income verification borrowers and 10% down for alternative income verification. 

Very reliable guy.

There are lenders that will allow group usages but I’d imagine most are residential and can be financed with a DSCR or other alternative income verification such as bank statements  or an updated P&L.

Building a reliable team is key, and since I’ve been in the real estate game here in Florida for over 20 years with properties across Jacksonville and Tampa Bay, I’m happy to lend a hand or share insights whenever you need.

Here are a few tips for managing a rental in the DFW area:Screen Tenants Thoroughly: Conduct background and credit checks to ensure reliable tenants.Understand Local Laws: Familiarize yourself with Texas landlord-tenant laws to avoid legal issues.Maintain Good Communication: Establish clear communication channels with your tenants.Keep Up with Maintenance: Regular maintenance can prevent larger, more costly issues.Consider Eviction Procedures: Be prepared for potential evictions.

Once you get everything set up, such as message workflows, guidebooks, pricing engine, etc, the questions and misc are not that time-consuming.The hard part is getting a good cleaning team/person and a reliable handyman.  

Some aspects of any discussion like this (discussions of net worth, verification of one's holding, even my full name) should really be private.

Rentometer is a pretty reliable tool as well.

I will definitely work on identifying my focus and assembling a reliable team, including a real estate agent, lender, mentor, contractor, and property manager.

Hi everyone,I'm wondering if Rentometer is a reliable measure of market rents?