And up-front costs to deliver quality are not cheap. 

Yes we avoid custom work to help keep cost down. 

Feel free to PM me if you want to chat.

I have some who will simply lend 100% of PP and 100% of Rehab  up to 70-75% of ARV in parts of the midwest and SE - feel free to shoot me a DM and we can discuss! 

These platforms typically have billing policies where you pay a per unit fee per month to the software and you get regular updates and support each month.There are a number of low-cost platforms available that are able to offer you a lower price by passing along some of the costs to your tenants (payment processing fees, applications, tenant screening, etc).

For these, costs tend to double across the board, especially for older buildings.

There are certainly some things to learn along the way, but you'll figure it out as you go just like we all do.There are plenty of folks here that would be happy to help for free - including me.

Pyment is $1,054, but $625 is interest.If you sold current house and bought new one with same mortgage amount, but current interest rate of 7%, the payment would be $1,663, interest amount $1,458.So, the interest cost difference would be $833 month!

I always a little under my target amount ( a month interest and half the cost of the attorney) so they can negotiate. 

Covering the mortgage isn’t an issue, but I’m considering factors like: Multi-Family: House hacking would help offset costs right away, but I’d likely need to put money into renovations upfront.Single-Family: Easier move-in with no immediate renovations needed, plus potentially lower tenant turnover once I rent it out For those who have been in a similar situation, what did you choose and why?