As long as you focus on maintaining the property and keeping rents fair, there will always be tenants looking for affordability, especially in urban areas.Financing Options: When it comes to getting capital, there are several avenues you could explore, such as local banks, international lenders, or even partnerships with other investors who share your vision.

Anyway, I need to engage a good RE attorney to negotiate with the bank on my behalf.

There is a lender willing to refi cash out the property right know, should I take this lender offer, or would it be better to go to a local Credit Union or Bank and have them run the numbers?

I did manage to buy 15 1/2 acre lots all done from a bank for 3k a lot and sold them 2 years later for 30k a lot..

Section 8 will ACH monthly rent payments to the landlord's bank account. 

While this sounds like a win, the number of cases where it is feasible are few and far between. 1) There is an application and approval process required by the bank for the loan to be transferred.

Depending on your address you may fall into the city's jurisdiction which only allows short term rentals for 90days or less in a calendar year, or the unincorporated part of the county which does not have the restriction.

On top of that, we transitioned the loan from a community bank to a Freddie Mac agency, making it non-recourse—a significant upgrade.Exit:Today, on August 15, 2024, I’m proud to share that we sold the property for $3.15M.

Just do not sink so much of your liquid reserves into a property use the banks money!

It would need to be rated per the Code of your jurisdiction, usually 3/4 hr or 1.5 hr depending on the rating necessary for the separating wall assembly 1 hr vs 2 hrs.