We will never have the right answer; everything depends on your circumstances.

So for $400 they can buy 1% and depending on the rental rate of those homes, they receive the applicable % of the monthly cashflow as passive income.

from your experience do you know if appraisers would choose closer comps but adjust a different search criteria such as a lower br/ba criteria and adjust the arv by 5-10k on a lower lower room or bathroom count or would they prefer a property further out just to match that criteria. this is probably a case by case basis.

some gurus teach this method.. thats all this is.. seller is going to have to pay inputed interest to the IRS though.. to me it would depend on down payment..

Also, if you're working with a local bank, theyre likely choosing not to originate  Conventional loans for investment properties and to only offer commercial loans that they hold on their balance sheet, which are subject to their own internal credit policies.

I work with several investors in the area. and a deal for one will be different depending on what you are looking for.

It binds the landlord, but honestly has little binding effect on a tenant when they simply choose to leave.

The home is in a C- to B neighborhood, depending on the person.

The best way to estimate expenses is experience and knowledge of your specific asset type and market.For vacancy, that will depend on your market and the quality/desirability of your type of unit.

You’re in the right place to learn about real estate investing.House hacking is a great option if you choose to invest locally.