Seems to be focused on his business.

Using equity from your primary residence with a HELOC is a smart strategy, and focusing on cash flow while keeping an eye on appreciation is key.

@Evan Thomas AndriolaDepends on the proeprty/tenant Class.Class A: we usually recommend newer/nice appliancesClass B: we recommend used appliances because tenants don't take the best care of them.Class C/D: we do NOT recommend appliances because tenants don't clean, leading to so much caked on food/grease it's realistically not cleanable.

If they don't have time to get on the phone and speak with you to explain how they work, then they will be even more difficult to get ahold of once they already have your business.

It’s funny I joined Chads groups on Friday.

Investors who own this kind of product elsewhere in the country are also welcomed to chime in, as I'm sure everyone is experiencing these issues to some extent.The biggest pain point I have been having with my underwriting on this asset type is insurance.

Good luck on your journey!!!

They're gonna keep on doing things that appeal to the voters.

But of course were running into the same issues as everyone else, finding a property that actually cash flows, specifically when rented out the traditional way with just one person on the lease.

BUT, the might cause more issues because 550k is already on the small side for a 5+ unit building product.