Therefore, you may struggle to cover expenses from rental income until the current lease expires and you sign a new rental agreement.Selling rental properties in high-tax states in exchange for a similar property in a more landlord-friendly state is a common practice for rental property investors.7.

Some states do not allow RUBs due to the inherit unfairness of the allocation of the apartments' W&S  expenses .Although sometimes not economically feasible in older properties, water sub-metering is practically unanimously accepted through the US.

Its a good question and lots of resources here on BP to learn - generally going the "conventional" route with mortgage loans from private lenders that conform to GSE (Fannie Mae) standards is great for your first few, then many switch over to "DSCR Loans" when they start scaling towards property number 3,4,5 etcI recommend talking to Jeff Welgan at Bluprint home loans to talk to to learn about the conventional options https://bluprinthomeloans.com/jeff/Also feel free to check out these resources on "DSCR Loans" which don't use DTI at all and are really good for scaling:BP-Published DSCR Guide!

The goal is to give you a practical way to shortlist properties before bringing in a title company.Why Start with a DIY Title Search?

Whether it's joint ventures, co-investing, or sharing insights, I'm always eager to connect with other investors who share my vision for success in real estate.My goal is not just to succeed individually but also to contribute positively to the real estate community by fostering growth, innovation, and ethical investment practices.

All in all, the home is older but that is standard for the neighborhood and I have a solid amount of equity in the home currently.Recently, my dad said he is retiring and moving out of California. 

If you don't, or if you are still paying MI, then maybe you'll want to consider doing a standard cash-out refi. 

After digging into state requirements, I’m starting to think some of their practices may not even comply with Department of Real Estate laws.

What really makes the difference in real estate investing is practical knowledge, networking, and hands-on experience.

The standard industry practice is around a 1% origination fee, but the borrower can decide how many points they want to pay.