As for the refinance aspect, if you're going from LLC to individual (or vice versa), at my shop you would just transfer title into (or out of) your LLC at the close of escrow, so that part is no biggie.

Bigger Markets: It’s true that underwriting deals in suburban markets can be challenging due to lower transaction volumes.

House worth 400k needs 100k of work and agent is listing it for 435k telling you it’s a handyman project  With my experience the last year a lot of houses go under contract and then reappear so just stick true to your numbers and don’t get wrapped up into a bidding warI hope my little rant helps but good luck to you and maybe will be out there bidding on some houses lmao good luck brother!

They sound too good to be true, and usually when things sound too good - they probably are.

This is very true.

Wow what a dream come true this would be?

Losing a listing opportunity because an agent you don't even know bad mouthed you and told the client things that arent even true or accurate - yes this did happen.

I would do a lot of research to understand the true values and differences of cash-flow and appreciation.

Hi @Ellen Feiss I agree with @Ty Coutts that you should start with informal, friendly, face-to-face conversations with the tenants to establish rapport, especially as you have some lead time here before next April.People don't like surprises or having to scramble, so if you are able to let them know your plans in advance, if they are reasonable people they should appreciate the extra lead time.This is especially true if their rents are currently very under market - they will have sticker shock when they look at what other units are renting for, and have to spend more time finding a new unit (if you'll be asking them to leave).If you have to move into one of the units yourself, I'm surprised you (or your lender) didn't make it a condition of the purchase and make the seller have the unit vacant for you.Sooner or later in rental real estate, you will have to establish a relationship with an eviction attorney.

The better question is which turnkey shops do not do this?