Until Fed begins to cut rates I’ve found alternative lenders in some cases to be competitive with banks on construction debt when considering the totality of factors (rate, leverage, depository relationships and pre- payment penalties).

. :)Now, the CC&R's are totally valid and I believe the language is pretty clear on restrictions.

What would life look like for you Josh if you did just 10 of these properties, in grand total, and stopped there.

I have started raising rents to market rent one unit at a time to avoid a total tenant turnover all at once.

when underwriting a property a good rule of thumb would be to set aside ~5% gross income for each Cap Ex, maintenance, and vacancy. (15% total)I dont know much of the market in TX but in central MA i work with a lot of investors that are interested in acquiring multi family properties so that's mostly what i deal in. 

To qualify as a Real Estate Professional (REPS), you must meet three criteria: the 50% rule, meaning more than half of your total work hours must be in real estate activities; the 750-hour rule, which requires you to work at least 750 hours in real estate; and material participation in your properties.

I was nervous as well with my KCMO house (I know, totally different market but still) and I've had some hiccups but I really like section 8. 

I have gotten some estimates and that looks like about $30k total if I just use local contractors, If I do some of the work myself and do it as cheap as possible, I might be able to do it for $20k. 

It used to be that large retail companies were almost “totally safe” as NNN.

Many banks handling tax escrow accounts for mortgages have mistakenly thought there was one tax due twice/year or totally missed one of the taxes.Investors should research the SEV and the Non-Homestead property tax millage rates to project what the property taxes will be after adjustment.