-- and then we look closely, and see that A dropped some hit as soon as Fannie dropped it, but B is still holding onto it so the mid-level manager (5 levels above who you get to speak to as a general consumer) can take a fancier vacation this year.The cash out and 2-4 unit hits haven't changed in the last couple years, you still will not get the rate you see advertised everywhere, for a cash out 2-4 unit, since the advertisements are all for rate/term SFR 740+ FICO <75% LTV, etc, the perfect scenario that rarely pans out in reality. 

The floorplan was perfect!

Cheers for 2024 Sounds like you would be a perfect "target" for a guru mate.Lot's of them on here.Wishing you much success in 2024 and beyond 🙏👍

There is plenty of opportunity for the savvy investors out here, on the flip side though there is plenty of competition to make getting that perfect deal a bit harder. 

I know, I know.. it may not be the most desirable neighborhood in the STL, yet I think for what I intend to do (Buy & Hold) its perfect.

Such as you transfer the property into your wife’s name, you or your wife get sued for something unrelated to the property, a judgement is perfected as a result of a liability finding, and the creditor successfully forces the sale of your mother in laws house to satisfy the judgement.  

In the search I'll come across deals that may not be right for me, however they may be perfect for you. 

In a perfect world, they may share it evenly (in this sample that would be 3% of the sales price, which is 50/50 of the $24,000)  but you'll see a lot of much smaller splits, even as low as 2%. 

I used google sheets/excel until we moved into AppFolio, and this worked perfectly.

It's less than perfect.