Every once in a while, somebody will come on here usually brand new and say hello bigger pockets family.

This is when you buy a primary residence (1 to 4 units, the more the better) which you can usually get for a very low down payment and get the best interest rates on and then rent out other units and/or bedrooms within your unit to pay for the mortgage and other expenses.

You at the bare minimum need to have all the standard amenities, and going above and beyond trying for unique usually pays off as well.

Usually a sponsor should be responsive within a few days, usually quicker when you have follow-up questions. 8-day delay without any update can be concerning.

For instance my 90 lot subdivision at one point I had 90 legal descriptions and parcels on one master deed.. as I sold them off we just deeded them out separately.. its super common especially in older platted cities were lots might have been small like 25 X 100 and someone bought 3 of them and then built one home on all three.. some places they force merge them others you can go back and recreate the Old lots of record.. there is millions upon millions made by those that know how to find shadow plats and bring to life underlying parcels.

How much do the PM's usually charge?

Bozo and Krusty, who are absolutely desperate for a place (almost always for good reason), are who WILL apply for overpriced apartments, usually because they have no real concept of how they're going to afford the rent.Turnover and vacancy are what kill you in the LTR game, and they kill you faster if you're working with a small portfolio.

If Chick Fil A wanted to go on the site but pay 6k less a year those usually sell for 4 CAPS.

@Christine AledamYou may be having difficulties, as this is often a conversation had at the attorney level, usually in conjunction with the LLC. 

FROM THIS POINT - what usually happens?