I’ve worked with ALE before and actually market my inventory to them directly via different marketing techniques.

However, though I don't know the actual numbers it seems like the home would offer so many more amenities I would enjoy as well.

Landlords can enter a tenant's property for a variety of reasons, including: Making repairs or replacements Responding to a tenant's request Removing unauthorized window coverings Preventing waste of utilities Changing filters, testing, or replacing smoke detector batteries Inspections Helping with an emergency inside the unit Posting a notice of eviction"Research your state laws because some of your comments indicate a lack of understanding of the landlord/tenant laws where you are operating (like threatening the tenants to keep the security deposit if they don't respond to you, I doubt that is actually a valid reason to keep their deposit, or evicting for late payments, or charging the tenants for your warranty repairs because you missed your 11 month inspection window which was your responsibility, and it looks like your lease says you can charge up to 18% interest for unpaid fees, is that actually legal?).

This is the unfortunate reality of most who over pay for asset protection, they don't have a clear understanding of what they are paying for and how the structures actually protect them.

I'm looking at properties in the Pittsburgh area as well.Now that a year has passed and you've likely gone through a renovation process, how close or off were these estimates to your actual rehab costs?  

Hi @Leon Jamison,I can recommend my contractor. my project was $420K, 7months, funded through 203K. we went slightly over schedule (10months),mainly due to a few failed/ repeat inspections, but we were able ton finish under budget.TBH, Im actually doing a second multi family reno project in the heights, New York Ave with the same contractor beginning March 2025.Anyways, you're bound to have issues when working with any contractor.

Wife and I both have an 800 credit score and plenty of income with a 19% DTI ratio. 2) Do you recommend that as a first timer I actually do go with a higher down payment product as I learn?

You started off good with cost being paid in stages, but it sounds like you paid before you verified they actually hit their benchmarks.b.

This implies the higher ratio areas actually produce lower cash flow over long holds.- it does not forecast rent growth or appreciation into the calculation.Those are not areas i desire to invest.  

And are actually making a good career educating and assisting investors to maximize the benefit of the 1031 exchange.