The renovations were already factored into the LTV during the initial loan approval, and the increased value of the property due to those renovations may not automatically allow for an earlier PMI removal under Fannie Mae's standard policy.Workaround/Next Steps:Reappraisal: You might be able to request a reappraisal if the lender is open to it.

I factor in 5% vacancy, 5 % cap ex, and maybe $1600 lawncare and maintenance for all 4 properties.  

I also want to say that if you’re marketing to traveling nurses, the key things they want are 1) black out curtains; 2) quiet, and 3) to bring their little doggies (so he pet-friendly.Another tip is when using Furnished Finders (which is a $99 annual fee per listing) if you have a multifamily, just get one FF account per address, and then as each unit becomes vacant, just change the pictures and listing copy.

That's certainly one of the factors since 1sts tend to have tighter margins than junior liens.

I typically recommend that community for people that plan to use it personally and can justify the higher HOA costs and membership fees.

So most investors just throw in the same expense factors no matter the age of the property.

If price point for these properties is a limiting factor, properties found on the North side of Veteran's Memorial Pkwy can be viable too, as long as they are on the East side of Santa Barbara Blvd, and South of Pine Island Rd (SR-78)

This means that you will probably need to pay registration and filing fees in at least 2 states if you don’t buy CA property as a CA resident.Be sure to tell your accountant that you may now need to file non-resident income tax returns in each state where you own property as well.

Ohio is a lengthy foreclosure state and many fees not recoverable0% interest and they don’t pay then you are losing money every month as they have no incentive to payLastly having it at 0% and over priced from its value means if they don’t get a tenant then they just walk away as property is so upside down.If it was me as a seller these are awful terms as a seller.  

I own one there as well and do pay these fees.