Lately, I've started thinking maybe these people are wholesalers or investors that could have properties to sell.

@Jonathan GreeneYell ppl the AI with the ** before each heading then it ends in “in conclusion” thankfully most of these people last a few weeks to a month or so and realize it’s not getting them deals so they stop Little secret for people is you shouldn’t come here expecting something in return - those who post more frequently are giving back from experience and not expecting things in return

Feeling the Itch Again: Advice for Getting Back into Real Estate?

With $141K annual passive income after expenses, you’re looking at a solid return on your investment.Based on your info - my analysis is below:Your purchase price is $3,900,000.

@Sequoiah BriseñoYes, but it is too late since you already paid them. 90% of them will refuse to share their tax IDs with you.

So, had we put something down, we could have gotten a larger return from rent.

If the returns you can expect in that market don't make sense for what you are looking for put more down to make it break even/ cashflow or look in another market where you can find that

We’re one of the few property managers that require W-2’s and a bank statement and we go way beyond the traditional, “income must = 3x rent” qualifier.Below is more information about what our Applications Department does to screen applicants and find the best tenants possible for your property.Required InfoWe require the following from each applicant over the age of 18, that is not a dependent of another applicant (as evidenced on a tax return):Copy of acceptable state picture IDRecent YTD paystubRecent W-2Recent Bank Statement, all pages, no info blacked outRecent tax return if self-employedApplicants are often slow about turning this information in, asking us why we need it and then taking several days to submit.

Therefore, it can't add automatic late fees, send email reminders or track per property. 

We want to travel via RV and potentially house hack in multi-family to have a home to return too as well as potentially take advantage of 5% Fannie Mae loan for purchase of multi-family using least amount of our own money.