If anyone has good practices that they follow when undergoing underwriting for MF properties, I would appreciate any tips.

We hope to host Julie Anderson Virtually in late March, early April to chat about how this will affect all Landlords in KCMO.Landlords Inc:  https://sites.google.com/site/kclandlordsinc/home4th Tuesday, February 27, 2024Topic: Source of Income Ordinance in KCMOTime: 6:30 in person and via ZoomLocation: VFW Building 406 W 34th St We'll review the ordinance and talk about what it means for us, how we can continue to choose our tenants and how we can protect ourselves against charges of discriminationThe ordinance takes effect in August so we'll be preparing several sessions on fair housing reviews, screening best practices and work arounds to the ordinance.

I need to double check, but I believe TN is in the 13% range with state and local.Then several areas basically tripled property taxes practically overnight in a massive cash grab.

I'm at a full understanding that best practice with hotels is to separate the property from the business by establishing a separate operating LLC (Operator).

I am going to be practicing a lot of deal analysis and wanted to connect with someone investing in the Birmingham area please.  

Not that you aren't doing that already, I don't know, but what I do know is that doing the above activities 40 hours a week will practically guarantee you success. 

Including the move-out inspection report is also a great practice, as it clearly documents the condition of the property when the tenants left.

Find Brandon's videos on YouTube for the "four square" method of analyzing homes and practice.

Quote from @Joey Andres: Some landlords will improve with practice.

If you want to learn more about the practice (and art) of safely and securely finding and funding a PML to see if it's for you, check out my book on BiggerPockets called Lend to Live: Earn Hassle-Free Passive Income in Real Estate with Private Money Lending.