Over time, you’ll build a more accurate dataset tailored to your portfolio.Hope this helps—getting these numbers right is an ongoing process, and you’re asking all the right questions to set yourself up for success!

My though process in undercutting the bank by 1 % was to possibly attract qualified buyers.

Anytime you are looking at purchasing a condo with a mortgage, the HOA Questionnaire is always going to be a key point of the loan process.

We’ve also had increases submitted in Sep 2023 that still haven’t been processed.   

Quote from @Matt Wan: Can I purchase a property using a traditional mortgage without being physically present for any part of the process?

I do all of this remotely, so I use the above process to filter out 90% of the properties and then send the other 10% to my local team for verification.

For the first townhome, we are in the renovation process and looking to screen our first tenants.

Still need to close on the property because I have already put 18K downpayment and then work with city on split process.  

I realize I am not cut out for the entire REI process of consistently finding multiple properties for particular exit strategies. 

The differences between most software is subtle and may be how they bill for their service, support their product, or the process to use those features.