Another difference is when a PM quits, typically the stakes are pretty low, you just hire another one.

What types of properties or investors do you typically partner with?

I know UTK typically has freshmen in the dorms first year so it may be tricky.

You'll typically find that travel nurses want a 13 week term as that is the most common length of their contracts.

:Class A Properties:Cashflow vs Appreciation: Typically, 3-5 years for positive cashflow, but you get highest relative rent & value appreciation.Vacancy Est: Historically 10%, 5% the more recent norm.Tenant Pool: Majority will have FICO scores of 680+ (roughly 5% probability of default), zero evictions in last 7 years.Class B Properties:Cashflow vs Appreciation: Typically, decent amount of relative rent & value appreciation.Vacancy Est: Historically 10%, 5% should be applied only if proper research done to support.Tenant Pool: Majority will have FICO scores of 620-680 (around 10% probability of default), some blemishes, but should have no evictions in last 5 yearsClass C Properties:Cashflow vs Appreciation: Typically, high cashflow and at the lower end of relative rent & value appreciation.

Typically, they won’t scrutinize properties with applications already on file—it’s more about catching those who haven’t submitted anything at all.You may even find that the certification comes back sooner than the 60-day max.

Yes, you should have to pay for them.Blinds typically pop into a clip, so that might be 5 minutes to repair. 

You can file paperwork yourself or as others have stated, hire an attorney.Typically, you'll want to have a notarized affidavit filed or writ of possession issued and signed by a judge.This can vary from jurisdictions so if you are unfamiliar with how to move forward it may be best to consult legal counsel.Legal counsel will typically cost in the low thousands after filing fees, processing fees, attorney fees, court costs, etc.

They typically have multiple origination points (meaning very high closing costs) very high rates (compared to conventional but also compared to 6 month or longer waiting period DSCR products) and almost always have VERY long pre-payment periods up to 5 years.

A lender or appraiser will typically use the most recent MLS comps (for updated properties) in the area to determine ARV.