Additionally, I don't have the time to sift through all the legal jargon and pinpoint where they’ve breached the contract, so it's worth having a lawyer review it in my situation.

However, I definitely recommend pictures any time a guest left damage or extra cleaning that will result in additional charges.

Factor in accurate, but worst case scenario numbers.

Although I still think conventional is the better option, I wouldn't put 20% down if I didn't have to, unless you know you'll live in/own the house long enough to recoup that additional $. 

I was shown about a handful of their holdings in the Houston, Memphis, and Little Rock markets, but the cash flow and CoC returns were less than $100 per month and 2-4% after factoring in additional expenses like 7% vacancy and 10% maintenance per month to go along with 20% down and conventional mortgage.

I could see how purchasing before the rehab I could have added additional equity but then I would have had to manage the purchase and rehab from out of state.

FICO, experience, and LTV are also factors but this is the basis of the loan.

In addition this fire storm started when payments stopped or payments were returned to the bank NSF.

Usually companies are charging 10% on top of maintenance repairs, in addition to one months rent as a placement fee for leasing unit.

If you’re not factoring in asset management fees and investor returns when calculating ROI, then what seems like a good investment may not be scalable at all.For anyone looking to scale, start by asking yourself: Can my process generate returns that cover passive investors, management expenses, and still leave me with a worthwhile profit?