Back in the day we carried a balance of $100,000+ that was owed to us and that is now down to only $10,000 or so and we only cover out of pocket if it's an emergency.The PM must have sufficient reserves to do the necessary maintenance work and shouldn't be chasing landlords for money.Just my opinion...Also, a PM's number 1 profit center is maintenance up charge.Landlords don't have much insight and PM's nickel and dime to death on those.If you are suspicious, ask for a receipt so they aren't making up non existent maintenance.Let them make their money tho and calculate that into your expense pro-forma.Otherwise, manage yourself and deal with the $#%^@ that comes with it lol.Multifamily in Ohio, you can get for $25,000 - $35,000 a unit.Drop another $5,000 - $10,000 into the turns and rents should be North of $800pm.Decent area's also.Personally, I wouldn't get out of bed unless I'm making the above numbers.Wishing you much success

And exactly that was starter RE in the day.we marketed 50.00 down 50.00 a month owner carry LOL of course rates were 10 to 20%..

Hello Austin,I would definitely ask the lender about the 2 line items for loan origination, though 855+855 = 1710 which is exactly 1 point of 171k.

There are a ton of action items requested after the information overload that takes place without much proactive follow-up.

If you have tax planning and complex items within the return, I could see it getting there but it seems a little bit high.

Then you have the points and underwriting and processing fee which some may only have one.Overall, there are a few items in there that seem a bit high but in the grand scheme of things they are not way overblown or super high.

One item that you want to discuss with your CPA is the basis of the property when you convert your primary residence to a rental property.Best of luck.

Red flags have been the opposites of the three items listed above!

I try and push my clients a bit more on year end items from October on so January isn't a Poop show for all parties. 

Due to item 1, adding an ADU can require years to start achieving any return (once the accumulated cash flow recovers the initial negative position).4) Adding an ADU is a slow process.