I appreciate the ability to teach out to you with questions!

However, understanding their requirements—such as down payment percentages, reserve requirements, and loan-to-value ratios—is key to getting approved.One of the biggest advantages of working with portfolio lenders is their ability to fund deals that traditional banks might pass on.

I don't have the skill set YET to gauge rehab costs and try to BRRRR, but I'd like to learn.This is definitely a choice but my option is that you will do better if you focus on duplexes and cherry-pick a few SFRs as you come across them.As for your Strengths, it sounds like you have an excellent ability to save and your ability to bulk analyze data will serve you well to identify big-picture areas, property types, and characteristics to focus on.I like that you realize the first investment will not be your best investment.

So, this is the second thread in which you've attacked my ability to do math and my integrity.  

I am inclined to believe this is the chief complaint and they either have another option or underestimated their ability to adjust to a rental. 

Then determine your burn rate, days between call to cash, take down ability and average profit per opportunity. 

Thank you so much for sharing your story, I'm glad to see you chose the Success Stories thread because this is truly a success story and here's why •You had enough in reserves or in an emergency fund or the ability to get enough money somehow to fix these issues and that is HUGE in itself.

They need to have enough disposable income to where they are not dependent on a high return, they need to be adventurous, they need to love the idea of owning a property in Costa Rica, and they need to have a very high level of trust in you and your ability to manage a property well in another country.

“Money goes where money is treated best.”Your future ability to attain and maintain financial freedom depends on the city where you invest.Investment TeamAn essential location selection criterion is an experienced local investment team.

I think the ability for the lower cost places in the midwest to 'cash flow' has been way, way overstated.If you know a market well though, that's definitely an advantage.