I had a good relationship with the listing agent and was able to structure a below value deal (beating out iBuyers and other investor offers).

I'm planning to put in my first offer on my first rental on a SFH in Kansas City in the next day or two.$140k offer8% interest rate20% down8% management fee5% vacancy5% maintenance 5% cap exI haven't gotten insurance costs yet but it's been suggested that I plan for $2k per year. 

The offering would be at 490 units at $1000 unit which allows 49% to be sold to have the preceding benefits to remain in place.

I love the flexibility they offer for traveling professionals, military families, or folks in between moves.My main questions:Have you noticed increased demand for midterm rentals in this area, particularly from military personnel at nearby bases or healthcare workers at local hospitals?

A successful rental property should offer positive cash flow, meaning your rental income should exceed your monthly expenses (mortgage, taxes, insurance, maintenance, etc.).To find the right tenants, ensure the property is priced competitively within the local rental market.

@Lionel Quiambao I find that the most basic speed offering works fine in my units.

You can offer whatever you think is appropriate and message the seller with your reasoning.

These are great programs to use and NY offers a few as well as a couple of Nationwide DPA's and grants.

There's a post right above mine from a lender... there's always a lender offering $$$ even when people can't afford it. 

I looked at Sapphire pretty hard last year, and made a couple of offers there, but in the end decided it wasn't the market for me.