No Interest or Loan Fees: Hard money loans typically come with high interest rates and additional costs that can quickly eat into your profits.

On a max LTV what is the typical DTI and required credit score?

In addition they are slow to report minor leaks or at all as it doesn't typically impact them financially.Landlord paid utilities with multifamily can be a real cash flow killer if not handled efficiently.So most larger buildings I come across that are vintage almost everything is separated out except for the water.

I ran a list, skip traced, and connected with the homeowner to educate them on typical paths they could take and work through if any of them were viable in their situation.

However, the exact treatment may depend on your accounting method (cash vs. accrual basis), but most individual taxpayers use the cash method, meaning they typically report expenses when paid.

The key difference is that when buying as an LLC, you won’t typically qualify for traditional FHA or conventional mortgages.

A CPA or Attorney have operating agreements available as well, typically for 500$ to 1200$.

This typically doesn't affect the overall cost much.

Criminals and homeless will typically move on to an easier target.It is better to spend $1,000 - $2,000 to properly secure the property than to continually deal with these problems and expenses.

Deeper Dive into Rental Demand:Here are a few alternative ways to gauge rental demand:Local Property Managers: Reach out to property managers in the area for insights on vacancy rates, tenant demand, and how long it typically takes to rent similar properties.Vacancy Rates: Research the average vacancy rates in that zipcode through local real estate reports or rental listing platforms like Zumper or Rentometer.Rent Growth Trends: Check whether rents have been rising, stagnating, or falling in that market over the past few years.