We are all a lot more capable than we give ourselves credit for!

It’s easy to switch it up or add to it or replace it if parts or the whole thing gets damaged.

What documents do they require, what credit scores do they allow, how do they verify previous rental history, etc.?

This is because real estate is capital intensive and lack the cash to buy larger assets or credit worthiness.  

Multi-family properties typically draw transient tenants, singles or couples without children, who stay only 1–2 years and cause moderate to serious damages.

Their character, their payment record, how well they take care of you property, etc all these things are for you to discover with your tenants and build trust between each other. 2. when it comes to screening, you must check their credit, their paystubs, their employer and landlord references, their criminal background, I also get a copy of everyone's photo ID.3.

Ours tenants mostly pay online, 93%, by ACH, debit, and credit card.

Get a free report from the credit agencies.

Make sure you have the right property insurance while the property is being worked on and an investor friendly lender or local credit union can help you refinance or get a HELOC.To Your Success!

Some lenders offer construction loans, or you might consider a home equity line of credit (HELOC) after acquiring the property if you build equity quickly.Long-Term Goals: Consider how this fits into your long-term investment strategy.