One more tip – people remember stories that trigger their emotions.

It’s in the expense section.

If a landlord plans to hold the property for a while, we always recommend an annual lease, ending to align with the summer leading lesson, or staggered with their other leases depending on the situation.  

After that all you need is the right team.  

Matt says he works on the documents but if that is true elephants fly.

Find a solid deal in your market after negotiating you get 3% COC, 1% debt paydown, and say the market appreciates 4% for the next 5 years with 100k down on a 400k asset that would be say 16k+ a year. 

The usual way, but not the right way, to try to buy a rental is by finding a property on the MLS, where agents congregate, make an offer and then try to get financing to buy the property.

We have used them several times in the past. 

My next question is what kind of cash do you have available? 

You're on the right path to success!