Short term rates were 5.5 percent, two and a half points higher than what cash typically pays.  

Having a 30 person rental, from my experience, can move you away from the more typical rentals (single family).

I have most of my tenants through local mental health/addiction services, and those tend to be better than the randoms from craiglist, as they typically have a case manager to check up on them occasionally...

On the rare occasion I answer, I typically waste their time.

The tenants of whom you will be looking often can't buy their own home right now, otherwise, they wouldn't be utilizing this agreement, which typically is more complicated and costs them more.

On a 100k property GCI (gross commission income) would typically be $3,000.

So I guess overall, my question is can you help me align my expectations with what I am finding, is this a case of "yeah, the market is weird right now, this is typical, you have to make a decision" or...

SFR will initially produce zero income (unless you rent rooms or until you move out.)typically investors that consistently buy multiple homes a year are experienced in the REI game with lots of connections and access to cash. not always. but more often than nothappy to discuss your investing goals more

If your timeline is relatively short, it may make sense to just have the lender fund the rehab (typically means better rates, too) There are a lot of different scenarios.

If that is the case, to understand this you have to look at the previous year's taxes for valuation - especially what the taxable value was for the prior owner.I suspect this is very much a first time buyer's issue - where you weren't expecting the increase, but typically there is an increase to market value.