That would be a debt service cover ratio of 1.5.

My friend had a client who nearly missed a crucial clause that let the syndicator raise additional capital from new investors, which would have watered down existing shares in a pinch.But it all comes down to how hands-on or hands-off you want to be.

The reality is that insurance will cover your 16-year-old's accident.

@Peter Mckernan Love the way you did that deal and agree that those deals exist both on market and off market you just have to be able to look for them in an effective way and add creativity. 

To bring in more people, I do NOT pre-screen before showings, BUT I only do open house showings.

Do you have your finances in order now and a pre-approval so you know what price point you should be targeting?

Well, I went on property radar and after looking at their pre foreclosure category, I soon found out most of their information was outdated. 

Upgrade to a commercial-style stackable setup that can dry faster (30–45 minutes), hopefully fitting in our existing laundry closet without extra electrical work.Any recommendations or specific brand/model suggestions for handling this high-volume, semi-commercial laundry?

Building a network here can open doors to partnerships, mentorships, and local insights.3.Explore the Blogs and Podcasts: BiggerPockets has tons of content—blogs, podcasts, webinars—that cover everything from beginner strategies to advanced investment tactics.4.Utilize the Deal Analysis Tools: If you’re considering an investment, the deal analysis calculators are invaluable for running numbers and understanding potential returns.5.Set Clear Goals: Define what you want to achieve, whether it’s learning a specific strategy or connecting with certain types of investors.

You'll have proportionally less upside and thus less room to cover errors and overruns on a project with a new team you'll be far away from.