We're comfortable with that though as we want assurances that their financials are healthy.

HH properties (and often HH clients) are high resource utilization accounts for a PMC, so many PMCs won't take them on, or will only take them on with the understanding that the property will be converted to a single-lease property (we do still use this approach.) 

As we approach 2025, this trend is expected to accelerate.

This approach lets you get closer to the market rate over time without shocking the tenant, especially since she’s been a good tenant.It’s also a good idea to explain to the tenant that you’re trying to bring the rent in line with current market conditions, and if she’s open to a longer-term lease, you could even keep the rent at the current level for another year.

Hi everyone, I recently got approached by a company called find dream rentals.

Negotiations focused on a win-win approach, securing the property at $197,000, aligning with market value, while setting us up for a profitable resale with a trusted buyer on the same day.

It’s important to balance cash-out refinance with maintaining healthy cash flow from rent.Mismanaging the Rehab Process:Delays in the rehab phase can eat into your profits.

They can provide valuable guidance to ensure everything is set up correctly.If you prefer a DIY approach, services like Zenbusiness or Tailor Brands can help, but they won't offer the same personalized advice.Good luck, and feel free to ask more questions! 

Can try to reposition to Class B, but neighborhood may impede these efforts.Vacancy Est: Historically 10%, but 15-20% should be used to also cover tenant nonpayment, eviction costs & damages.Tenant Pool: majority will have FICO scores of 560-620 (approaching 22% probability of default), many blemishes, but should have no evictions in last 2 years.

Has anyone here tried different approaches?