Overcoming Common Financing HurdlesMortgage brokers excel at tackling challenges that often derail new investors:Low Down Payments: Brokers can find lenders offering low or no-down-payment loans, ideal for new investors with limited capital.Complex Income Streams: If you’re self-employed or have variable income, brokers can identify lenders that accept alternative documentation.Competitive Rates: Brokers have the leverage to negotiate better rates and fees, saving you thousands over the life of your loan.Pro Tip: Communicate your investment goals clearly with your broker so they can tailor their search to your needs, whether it’s a short-term fix-and-flip loan or a long-term rental property mortgage.3.

Hopefully your tenant accepts responsibility.  

When a loss was incurred I accepted it as a cost of investing without thorough investigation and or the percentage probability of an unprofitable outcome.  

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If you pay more, you won't meet your metrics and will probably have negative cashflow and/or equity.You may have to make 10, 20 or even 100 offers to get one accepted at the price that meets your numbers.This is what all investors did BEFORE the Great Real Estate Crash of 2008-2010.

Most of my landlords either don't accept pets at all or are super pet-friendly so pet rent has never been something we have charged.

I do have a small shop with equipment that I use exclusively in fixing my rentals.   

I've resisted long term rentals, but am finally accepting that this is the most boring but solid way to create wealth.

The only time we will not make an offer site unseen is if we run into a situation where an owner or a realtor won't accept site unseen offers. 

While using QuickBooks it is a mind set and you have to accept the process and procedures to use it as a real estate and property management software.