That's an entire year of cash flow out the window.This is a common, conservative scenario.

Thank you all - this is extremely helpful!

These are extremely popular right now and can be used in showers or on backsplashes.

So far this journey has cost me over $22,000,   still without a cash flowing multifamily property...to say the least I'm extremely disappointed and frustrated.  

I don't think the HOA can restrict what a tenant does within their own unit (the lease can), they can prevent activities in common areas.

Dealing with RejectionRejection is common in real estate, whether it’s lost listings or clients choosing another agent.

Do you think it's common for a tenant to sue for an amount greater than insurance can cover, then take your property or even your personal assets? 

Early last year, one of our borrowers, an extremely experienced rehabber who had recently been diagnosed with diabetes, informed us that he’d been in and out of the hospital so frequently that he wouldn’t be able to complete the flip we had loaned on as first position lenders.We were aware that he had borrowed an additional $110k from a second-position lender.

Verifying last 2 years of rental history and income extremely important to find the “best of the worst”.Make sure you understand the Class of properties you are looking at and the corresponding results to expect.The City of Detroit has 183 Neighborhoods we’ve analyzed.DM us if you’d like to discuss this logical approach in greater detail!

(We're from California as well) Everything has been extremely smooth so far and their staff has been excellent with their customer service.