Your biggest challanges:1) Figuring out how to advertise on Zillow2) Handling all the calls3) Scheduling showings - and getting stood up4) Finding a rental application to use - you can use Zillow's or easily Google for one.5) Figuring out how to screen applicants ***** This is IMPORTANT!

Have you all invested in other markets already or is this the first? 

By the sounds of your portfolio, you could really use a part-time manager. 

This was about $30,000 5 years ago, so things were much cheaper then.

To put this into context: CA has more than 20X the homeless MN has. 

Great to know your making moves again this year.

What penalties are normal for this type of partnership?

This is a great way to meet other investors and let it be known what you’re looking to purchase.

Instead of upper cabinetry, try using open shelving for your kitchen!

I would never advise my customer to take a 5 YPPP considering we are have been moving into a downward trending rate market since 2024. 3 Year Prepay Max but if you plan on doing renovations or taking cash out on the ARV then a 1-2 YPPP would be Max.I would also advise buying the rate down before you decide to take a 5 YPPP using seller credit, equity or closing funds.