If there is a strong offer with high down payment and good purchase price and fast closing or fast inspection periods and no closing costs requested, reach out to the Loan officer and ask any other questions which will not break any laws.ALSO - ANYHING CAN BE ENTERED INTO THE SYSTEM TO MAKE THE DU LOOK SUPER SWEET SO IT REALLY DOESN'T MEAN ANYTHING IF THE LOAN OFFICER IS BEING DECEPTIVE. 

Hopefully we'll at least see some property tax breaks for a year or so, with pricing resets.Cash flow on single family or even multi is always a function of leverage.

It can quite literally make or break your ability to have positive cash flow.Reducing the Need for TurnoverFirst and foremost, the idea that tenants renewing their lease or moving out is something you can’t control is a myth.

If you get 2 room-mates you can break even. 

For example, are you looking for something that you can add some sweat equity, and break even at the refinance?

Do you think a just break even cash flow and slight negative cash flow is worth to hold the house?

Note for future - Ensure your leases have a lease break fee, 1-2 months rent that the tenant needs to pay in order to terminate their lease early.

That isn't easy, but probably gets you where you want to go.LTR also possible, but you probably need to have 30-40% down in the better neighborhoods to break even or cash flow.

They will cover rent if the tenant breaks lease or doesn't pay, however they won't pay the rent for in between tenants, so if they can't find someone for 2-3 months that's on you.

Putting less down may subsequently put you in a break-even scenario or possibly even a negative cash flow.