I just like things between Denver and Boulder.The middle suburbs are primed to be a good appreciation market over the next few years as highe prices continue to push people out of the city.Have you talked to a lender?

My area is not rural (somewhere in the middle), but is still eligible for a USADA loan The demand would be there for renting a room.

But I'm pretty sure I can't find any houses for 20k around here You are not going to get anything anywhere for 20k, well maybe in the middle of nowhere. 

I've used cheat sheets to study for (and pass) everything from middle school Spanish to organic chemistry.

 Hey BiggerPockets family,I was just approved for an owner occupant, Fannie Mae, 5% down with a purchase price of $1.3 million for a 4plex in the Phoenix Metro of ArizonaMy middle FICO credit score is 759My current DTI debt to income ratio is 30%I have enough down payment, closing costs for the subject property, and enough liquid reserves for all 10 of my apartment buildings totaling 45 units in PHX Metro AZmy mortgage lender quoted me with a rate at 8.125% with me paying 0.156 points totaling $1,920My question is,does this 8.125% interest rate sound reasonable for an owner-occupied fourplex 5% down Fannie Mae conventional loan as of March 27th, 2024, at 1700 hours?

Now is one of the best times to get into the market, once the Fed starts lowering rates that's going to bring more demand into the marketplace causing prices to increase at a faster pace again so if you get in now you capture that growth and get the opportunity to refi when rates are more favorable in a year or two.

The hard money loan in the middle might be 4 points so it alone may be $35000Water is number one problem.

I want to offer in the ball park of $370,00o to test waters have them meet me in the middle around 390,000 with a fixed rate 30 year 6.75%.

And to Mike's point, if money can be made, why not do it yourself and self-manage the STR or even hire a professional manager and cut out the middle man arbitrager.

Management company said they had an applicant that applied and they were in the middle of reviewing the applicant and therefore if they “approve” we have to use them and then they will give us management.As landlords, we just received lease to sign and there are some addendums we want to add for our property to protect our property etc. if the management company refuses to include some of our requests for the lease, does this give us an out to not have to sign the lease???