@Chris Kay it's VERY difficult to cashflow with 0% down purchases.We do 0-10% down Land Contracts and know going in we may actually have negative cashflow - which is acceptable given the low down payment and avoiding mortgage costs.

I agree 15 years is not a long time but what is occurring is jurisdictions then pass laws to protect the low cost housing.  

I have found the JLDs to be mostly from credit card companies and banks, but I am still unsure if that's what I am suppose to be looking for or not.

I have the ability to cover all the expenses if there is vacancy, which this property has low vacancy.

Quote from @Bonnie Low: I'd sell if I were you. 1) I don't like HOAs and certainly not for STR or MTR 2) the numbers don't make sense for you to invest in a big kitchen/bath renovation 3) it doesn't look like it's appreciating very well.

In 2021 we bought the building for $1.5M using private lenders, pushed the occupancy from 50% to 80% occupancy and it appraised for $3.125M, allowing us to pay back the private mortgage.Right now, we are in the predevelopment process of design and piecing together the capital stack for the redevelopment deal, which will be made up of historic tax credit equity, RestoreNY Grant, DRI Grant, etc.

Then I was blindsided by this I asked if i was entitled to a denial of credit in accordance with the Equal Credit Opportunity Act-Regulation B 15 U.S.C. 1691.

Wife and I both have an 800 credit score and plenty of income with a 19% DTI ratio. 2) Do you recommend that as a first timer I actually do go with a higher down payment product as I learn?

I bought the cheap lowes light blocking blinds. 

Partner Driven and Traci Stephens recognized this as a low-risk deal with high potential for a rapid turnaround, making it a perfect addition to our portfolio.