I need to save up some cash quick   If you are finding properties that fit your model, but are short on capital, consider offering opportunities for investment to people in your network who have capital that isn't earning anything.

I agree with you I would have the actual physical occupants do a background check.6.

It would have to be dscr or something similar rather than conventional.Rob, I am familiar with a group that might be a good fit, but you would have to purchase a few at once to make it work, as they have a minimum loan amount of 75k on a small portfolio, but single properties at ~$55k would be tough, even for DSCR.

There are a lot of floorplans out there, so you should be able to find what fits your demographic/business plan.

In this scenario, I physically couldn't accept Section 8 because the house didn't have a legal rental permit.

Most times, the due diligence period is used for you to bring out your inspector to physically test the property (environmental, structural, roof, etc.) 

Most markets the physical vacancy is 5-10%, good chance you can find it by googling and seeing what the average is.

If you look at the PadSplit website, they put up walls and convert the living room and dining room into more bedrooms, to fit even more people and get those high incomes. 

Just curious, I’m a big magazine fan (physical copies).

This setup allows me to maintain my current income while being physically present in Missouri to actively manage our real estate investments.My BRRRR Strategy:My goal is to identify single-family homes or small multi-family units that need some rehab work, ideally in neighborhoods with strong rental demand and growth potential.