As a comparison, most bridge debt is 3+1+1, so really the loans are due in 3 yrs.

This might invite a comparison on the rehab/condition.  

Now you have a side by side comparison to review.

I love seeing your comparison between long and short term for covering your debt.

I love your comparison to getting the right heading/speed and altitude because in reality you know there is so much to learn when you're starting something new, beginning with finding the runway of course!

Hi @Dan WynnReal Estate is universal in that everybody needs housing.There is nothing easy about it since we are dealing with people.Its about problem solving and adding valueMany households own another house or property but those with hundreds or thousands of units are few in comparison to the entire populationIts diligence, patience, integrity, kindness, humility etc

In my area, when I seek comparisons from PMs, I have found their prices are usually low or less than the current rent.

In many cases, you will find that your tenant has likely underpaid in comparison to the actuals.

Hey @Alex Prescott, Like @Patrick Prunty said it won't be hard to find a lender that will lend to a borrower with no experience your terms and loan amount may just be limited in comparison to what the experienced investors would get.

It only makes your rent look higher in comparison to other properties if you include any utility.