Studying the local market makes a lot of sense.

Do you have a preferred type of property and price range you're looking for in general (knowing the costs can be different based on they market)?

Nonetheless, you can base the DSCR calculation on PadSplit rent (if there's a history of PadSplit income being produced) or short-mid-term market rent (an analysis done at the same time of appraisal).

I just completed a second boots-on market tour of TN markets.

I see you've had the property on the market for a while, which must be frustrating, but what will it take to put a transaction together?

We’re off market right now but will be going back on next month.

Tacoma is a fantastic market with a lot of opportunity, so you’re starting in the right place.Here’s how you can connect with local experts and start building your skills:Attend local meetups and networking events.

You have zero control over the stock market, whereas when you do private lending, you have significantly higher control and contractually guaranteed return on your money.

Now, of course, every market is different.

Did you figure in the cost of the other tenant paying less than market rent until you can get them up to market rent or replace them with another tenant and how long that will take?