. , the apartmentsoffer easy access to Interstate * and Interstate* and shopping within walking distance whilestill remaining in a quiet setting.One of the apartments has been converted touse as the management office, bringing the currentnumber of rentable units to 79.Units are 850 sq ft with 32 units having gasforced air heat at the tenants expense and 48with gas hot water heat at the landlord expenseThe property is currently renting at just below market but has enjoyed consistently stable and low vacancy rates.

Mature and stable enough to respect your property and pay solid rents.I would be happy to share advice anytime.

Year 3 is going to be $16,000 x 5%....etc.At this point, I have more stable cash flow, so I think I would either ask for variable payments with the minimum being 'interest only', or try to extend the payment period, but you may find that difficult given the specter of higher interest rates in the future.In another instance, I am working with an investor to complete a flip.

Indy is a great market, very stable.

I will do my best to explain this scenario related to the purchase, rehab, and refinance of a property I am pursuing.Purchasers A, B, and C are partnering to purchase and rehab a duplex (purchase price and rehab not to exceed $90,000 with e rehabilitation loan)Application breezed past initial underwriting as all partners have above 750 credit, stable income, low debt to income, etc.

My approach is to focus on certain neighborhoods with a stable history.

I'm hoping REI will enable me to slowly transition out of the crazy long hours and travel I endure now in to something a little more stable and predictable so I can pick and choose my jobs more carefully to stay local and hopefully one day have a family.

So to answer your question, it really depends on the rental market and how the tenant is paying and if they are stable enough to afford the increase.

As for screening, both had excellent credit and stable job history.

What you need is an area that is growing, that has a stable economic base and that has sufficient inventory for what you want to do.