All well and good.

Verifying last 2-years of rental history and income/employment extremely important to find the “best of the worst”.Tenant Default: 20-30% probability of eviction or early lease termination.Section 8: Class D rents meet program requirements, often challenges to pass Section 8 inspection.Vacancies: 20%+, depending on market conditions and tenant screening.Cashflow vs Appreciation: Typically, all cashflow with little, maybe even negative, relative rent & value appreciation.Where did we get our FICO credit score information from?

Every conversation you have adds to your expertise, and the next time an investor asks for advice, you’ll be the one with the answers.

The higher price is because most if not all their next gen suites are single story homes which demand a premium. 

All the best!

Quickly I learned I knew nothing about the business of trucking and truly didn't enjoy it, as all those gains got depleted.

Apollo Acquires Bridge Investment Group in $1.5B All-Stock Deal – What This Means for CRE InvestorsBig news in the commercial real estate world!

We work with one lender that will doa  2nd up to 60% LTV but its a loan not a revolving / open ended line of credit. 

One solution I see some people do is to partner with another investor on a couple of deals where each brings something to the table...more capital, experience, etc.

We have one property in a local market but are looking to expand into markets that have more promising outlooks (Population growth, jobs, etc)