Even worse, they still haven't syndicated the listing on crucial platforms like realtor.com and Redfin.The process for reviewing applications is painfully slow.

The IRS sets the minimum interest rate, known as AFR - applicable Federal Rate.

There were a few question marks in the application but i decided to approve since both of the applicants were teachers and the one of them had a teenage child.

The lender will want to see that the income generated by the property can cover the monthly principal, interest, taxes, insurance and HOA (if applicable).

Check out Antoine Martel, he has a software and coaching program called Flip System where they hand hold beginner real estate investors through the turnkey process they have completed over 1000 times.The process is typically stressful, teams on the ground are hard to assemble, there are many simultaneous moving parts, and time and capital invested isn't guaranteed to generate a return.

Screen applications?

Next applicant...

Cash flow may not be positive after accounting for other expenses like your annual property taxes, insurance, and mortgage payments if applicable.

What property management software you guys are using, and how much are you paying for it?

I am looking to get something like a Termidor application done.