I guess that's why fast food chains are pulling AI out of their drive through due to the number of errors it makes: because AI is so powerful.

Take just deciding on how far you rehab a house…”Do we really need granite counter tops in the rental?”

Also, they're buying it just over a 5% ( noi 3 / 58) cap rate and planned to sell three years later at the same 5% cap rate, with the largest influx of new Class A multifamily to the Atlanta area ever in the next three years to compete against this Class A property, which should only continue to drive down rents or prevent NOI growth at the least.

Updates include new upstairs flooring, kitchen counters/sink, bathroom vanities/toilets, and fresh paint.

Auto was the driving industry that supported Detroit. 

I see several positive posts regarding investing thru norada 7 mos ago but would love to hear from anyone with more recent dealings with them.

Jair keep in mind “ having family” can not counter balance any additional expenses to purchase in Houston vs DFW for instance.

I have cut out all music and have been listening to the podcast and audiobooks for the past week while I drive for work trying to gain as much information as I can.       

Your standards need to drive the property management company. 

It definitely depends on a lot of factors - where non-QM is generally going to be about 0.5%-1% higher in rate, but can be more than that or even lower than conventional with some more options - one in particular is if you did a longer prepayment penalty period (5 years - at a descending penalty structure or even 5% all five years), then that could drive the rate down even significantly lower than the conventional alternative.