However, holding costs would be about $2600/month, and rental income would only be around $2300/month, leaving us with a small monthly deficit until we could get an FHA/Conventional loan as my DTI is too high to qualify for FHA or conventional loans until my income average increases in April.

We have about $30k /month in income and about $12k/month expenses leaving a surplus cash of $18k/month.We were wanting to purchase a new home for ourselves and have the cash flow to make it work.

.--- The tenants just won't cooperate:Yes, you can try to get in with a Legal Entry, but then they can easily sabotage the showing by:----- Being rude----- Keeping the house dirty (or worse)----- They can keep an aggressive dog in the house when they are not there----- They can deliberately leave an unattended minor alone in the houseYour current PMC should be taking the time to address and explain all this to you!

 🤝 Fill in the blank: If I could make a great connection with someone who is an expert in _________ at BPCON2024 then I would leave BPCON happyReally have no idea.  

It’s clear that the companies dominating this space are keeping the best deals for themselves, leaving only the undesirable properties for the open market.

That scenario will depend on how many people leave that area and how soon.

To me it's easyest just to tell her she needs to leave, but can I do that?

If you don't have success, leave the baths within 1 full either way

Final update.Project completed.Rented and Refi, this project as I mentioned is the first out of town investment we've purchased, I have uploaded final pictures I hope you like it.the deal when well, I had to leave more money in the deal that I wanted but over all a great experience, because we started with the BRRRR we fined contractors right away and we felt confidante and that give us the push we needed to purchase more, so now we are proud the report that we have 3 properties (4 doors, 1 duplex 2 houses) that all are rented and cash flowing well, and also one more under contract!!!!

Understandably that's also not the typical real estate investors' goal - most investors want to leave the 9 to 5 job sooner and be financially independent early.