Three properties for $170K sounds like a bargain, especially if you can force appreciation after a turnover.If the property is breaking even with the initial purchase, I would pull the trigger on this deal with plans to BRRRR (Buy, Rehab, Rent, Refinance, Repeat) the properties as each one turns over to recycle my cash if the numbers work out.

It's one of the reasons after all these years I've never had an eviction, or a tenant-initiated malicious destruction, etc.

He played dumb, telling me he told me from the get go that the initial inspection was all we were getting.I would have never taken the deal if that were the case!

This isn't always their initial plan, but it often turns out to be a profitable strategy.Several clients have considered buying condos to rent due to the lower maintenance requirements.

Composite materials are another option; they’re durable and low-maintenance, but they cost more initially.

Initially I would lean on a house hack.

We meet all our borrowers at local real estate clubs where we initially get to know one another.

Approaching 30 MTRs in LA and some in Vegas, I've learned a lot from Allen, who also recently launched a free Skool Community where he has weekly Q&A sessions and provides long-format content on how he operates his MTR business.If anyone reading is in NJ or has an interest in MTRs, the above folks are the go-to people!

If you do not live in that state, you will need the services of a registered agent, easy to find online.The reason for creating the LLC in the state where the property is located is that you will be permitted to use the courts in that state if you need to initiate litigation.  

We were initially looking outside the major metropolitan areas, where it's significantly cheaper.