Unfortunately, many of these homes are fairly cookie cutter and face extreme competition.

I had my fair share of bad experiences with Columbus PMs and want to make sure every investors here find a good PM before starting your investing journey in Columbus.

Furnishing is death by 1000 cuts; you're putting a lot of money and a fair amount of risk into a property that you don't own to make $300-500/month per door if everything goes right.

I thought that was a pretty fair rate for 20 percent down. 

Lender Flexibility: Every lender has different rules, so it's important to communicate your intended use of the property upfront.

So with that disclaimer out of the way… Tulsa is a fairly safe bet.

It went fairly smoothly. 

That is fairly common to credit at closing.  

To me this actually makes much more sense than the current system, people just don’t like change lol, basically the buyer & thier agent negotiate a fair fee and that fee is no longer being “hidden”. the agent than negotiate’s a concession with the sellers agent, that’s literally it, it’s a totally logical system that makes much more sense then the current one, and I think people (mainly agents who are afraid as soon as the seller realizes they are getting 3%, that they might not be worth it) are just making way to big of a deal of it.

effectively, you'd either need to look for a lender that would let you use the other property as collateral (cross) so that you can avoid actually taking the cash-out (this is rare in terms of institutional DSCR lenders, but fairly common in the hard money or private money space)...