You’re not using a PM, AND you’re assuming you can charge a service animal a deposit and pet rent?

Hey Isadore, Send the tenant a notice of non-payment and have the tenant go down to their local public housing authority office, HRA, or Department of Social Service office and provide them with the notice.

The properties that I like the best are typically in the B/B- neighborhoods.

Our cleaning fee covers professional clean, laundry service, and consumables. 

Older homes will typically have systems that are out of date - even if only partially. 

You typically need a down payment for many things you buy.

Unless you find a buyer with a very specific criteria who is willing to pay above the typical 70% - repairs.

- The market is in a little bit of a lull right now (buyers market), its a great time to buy, but slower time to sell (my primary business is flipping houses) I can supplement my flipping business by providing project management services/consulting, helping investors find discounted properties, etc. etc.

I know DSCR lenders typically don't touch them.

While that kind of income is not a deterring factor, when I looked over the terms of service many big red flags came up.