Either way, it sounds like significant renovation will be required.

This specific guest was a physician and sounded as though he had a fair amount of personal income that could be used to support his property.

Sounds like you're taking advantage of your favorable VA loan options smartly too.Good work - can't wait to hear about your next deal!

I can’t say I disagree with the analysis, just think (I’m sure this will sound incredibly stupid in the future) ultimately bonds and mortgages are likely to trade in a very narrow band the next few months, without a really nasty recession I find it hard to see them getting much below the 3.75% they hit Monday, I also think the Fed wants to keep the number below 4.25% because while I don’t think the economy is in a recession or anything it’s clear to me and I think the Fed as well l, that the economy probably can’t handle another year of rates above that, they will lower rates & possibly even taper qt to achieve that outcome.

On paper, it sounds like a good deal, but I worry that you are doing this all on a spreadsheet and not in real life.

Sounds good!

If you ever want to bounce ideas off someone or need a sounding board for a deal, I’m just a message away.

That don’t sound too good.

I am considering other options to see if there are ways I can hire someone to just do showing only and mamage my own rent collection through Zillow app, I also have my own contactors to do maintenance but have been paying monthly fee to my property manager who has done literally nothing, they also never answered my calls.It definitely sounds like you need to reevaluate your relationship with your property manager.

Wow, that almost sounds too good to be true. 10% on the PM fee?