I can get it with a DSCR loan now and would not live in it initially, but would want to eventually move into it 6-12 months down the road.

Good to know as I have a property coming on the market and we had one off market offer already all cash but at 10% list price discount (which we most likely will reject).Curious if you think the california fires will assist the market since many of those people need places to live for years and I am guessing some will flee california?

It isn't easy to make things pencil, and I don't see it getting much better over the next 12 months.I have changed my rental strategy to Co-Living (rent by the room).

Hi Wynn,Your best option is a "subject-to" or wraparound mortgage if your seller is open to it.

I like to look for locations that are good, and that I’d feel safe and comfortable living in if I was a single woman with a couple of kids.

Each unit features 2 bedrooms and 1 bathroom, providing a total of 4 bedrooms and 2 bathrooms across 1,684 sq. ft. of heated living space.Key Features & Upgrades:New Roof for long-term durabilityFresh Exterior & Interior Paint for a modern and inviting lookNew Interior & Exterior Doors with updated locksets for added securityLuxury Vinyl Plank (LVP) Flooring throughout, combining style and durabilityFully Renovated Kitchens featuring brand-new cabinetry and quartz countertopsUpdated Bathrooms with new tiled tub surrounds, vanities, and toilet seatsNew Light Fixtures & Mini Blinds installed throughout the propertyComplete HVAC System Replacement for Unit 686 & New Condenser & A-coil for Unit 688Plumbing Upgrades including new water heaters, updated faucets, leak detection, and a cleanout drain installationSecurity & Hardware Updates with rekeyed locks, new smoke alarm batteries, door hardware, and cabinet adjustmentsNew Landscaping to enhance curb appealThis turnkey property is ideal for homeowners or investors seeking a low-maintenance, move-in-ready duplex in a prime Memphis location.

My fiancé and I are currently looking to invest in Fl, and have been looking into tax deed sales. 

Right now, I’m looking to buy my first duplex, live in one unit, and rent out the other to offset my mortgage.

I already make a living out of real estate and I'm not planning on ever leaving this space, I'm here to stay. 

So, if you fail to apply the correct assumptions to a property, your expectations won’t be met and it may even be a financial disaster.We use the following to rank Property Classes, in order of importance:Property Tenant Pool: closely linked to location, but not always.Property Location: closely linked to tenant pool, but not always.Property Condition & Amenities: it’s important to, “Maintain to the Neighborhood.”Key metrics for each Property Class:Class A Properties:Tenant Pool: Majority of FICO scores 680+, no convictions/evictions in last 7 years.