Over and over, you can be constantly evicting and replacing appliances and doing major repairs.

And i have seen other do it like i said in San Antonio only to have that operator get in major trouble with the state and the investors get wiped out.. there is more than just YOU buying a home without an investor putting up the dollars to buy it.

What are the major employers in Waco, besides Baylor?

It depends on the lender but at a min they must follow TX SML or lending laws in the state in order to compliantly lend in TX, on whether choose to apply this guideline to all types of occupancies or transaction types (non owner investment, second homes/primary residences, etc)80-85LTV on rental properties is only on the purchase for fannie/freddie loans but on rate term refinances its max 80% and cash out max 75% for 1 unit and up to 70% for 2-4 unit cash out conventional.On HELOC's and rentals are up to 70-75% depending on the HELOC investor or product.Its good to distinguish between what the lenders are willing to do and for which product and also these loan products must abide my state law as well as an additiona layer of "overlays," on top as well (whichever is worst / most conservative).

One of the lease for a rental is about to expire and would like to change from single family to rent by the room and try, to market for regular leasing we normally go to Zillow and advertise for free, but for rent by the room not sure which of all the sites out there will be the best option(s), some of them are for free, majority pay a monthly or anual subscription ($99 to $200).Do you have any guidance on which to select?

Quote from @Saint Kyle: Here's an examplelooking for rehab funding on a triplex in youngstown, oharv $130k rehab $70kdo you know of a bank that's willing to loan on a product like this?

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You should know how you can contest your assessed value, especially if you are buying the property for below current assessment.You should understand if there are any tax abatements available today or in the future.There are real estate tax consultants in basically all major markets, or your real estate agent can likely help with some basic questions, as well.

Night Before the Exam dot com is a good state study test if they have it for your state.To be clear though, the majority of what you learn in the class is not used by residential real estate agents in practice.

Quote from @James McGovern: I am interested in purchasing a few condos in Florida and want to understand if there are any insurance products that cover the rising cost of HOA assessments?