As a result, I eventually moved all my properties to other management companies.Two Main Problems with Foundation Property Management (FPM)Exceedingly Poor Tenant Screening-Out of my five properties, four ended in evictions due to the tenants ceasing to pay rent.

>The likely rent I'd get in this area will cover half my mortgage payments at the momentI have done all of my brrrr in different market and I have the same issue that after a refi to extract the value add, my high LTV property at current rates is large cash flow negative (not as large as only covering 50% of the mortgage).  

All that being said, it might not be worth the cost of putting in parking, just be aware on the front end that you’re reducing your end buyer/rental pool by not having it. 

I want to be able to do a cash deal to get a lower price and avoid all the cost that go along with a lot loan, fees, points, etc.

If you do all that yourself, I call it 3M talent. 

Do I care about your pro forma 5 years out that makes all kinds of optimistic assumptions?

From the time I started the initial consultation, Tommy was very helpful to provide all the information I needed to have before making my decision to go forward with the rental property.

I've already received some great feedback here so far, which i gratefully want to thank you all for!

I know getting my real estate license is one option, but I am looking for more than one option.I am based in CT, so if anything specific is coming to mind let me know, open to all Ideas.

The perceived benefit to the investor is they either get the inflated price, or if the deal goes "bad" and the tenant defaults they get to keep all the deposit money and rent and all that.