This is typically part of the screening process to ensure that the property meets occupancy standards and to prevent overcrowding.

The process is simple, however it is not easy. 

It is an intensive leasing process each year, from the advertising to handling inquiries, applications, showings, etc. 

There's just too many factors that can go wrong with these types of deals if you're overleveraged from the jump.And, sometimes we want these deals to work so badly that we fudge some of the numbers during our underwriting process to show some "cash flow" just so we can get into the deal.

I want to learn the ins and out of the financing process, and hoping to gain a better understanding of the market.

Perform the same task in each app to ensure a fair comparison.Load a property with pictures and details.Market that property.See what your marketing looks like from the public's perspective.Submit a fake application to see how easy the process is.Run a credit/screening report on yourself.Enter a maintenance request, assign a vendor, and attach a fake invoice.Enter charges to the tenant's ledger.Enter recurring charges and automatic late fees.Sign documents electronically.Run owner reports.After testing a few apps, one should clearly stand out.

Hello BP Family,I have a couple of issues that I need information on turning over a single-family home. This is my first time doing this, so I want to understand the most efficient way to do so. I understand that I ne...

After the first project then you may just need Architect for actual plans and permits but in the beginning they can be a great resource for the whole process.

I was initially leaning toward BRRRR since the equity would give me a kickstart for that process.

And of course, the process of accessing the equity comes with its own cost / expenses.