One demanded we paint the interior the color they wanted or they wouldn't renew their lease.8) MoveOut damages typically exceed their security deposit.

Does anyone have any insights on what a 3BR, 1.5BA side by side typically rents for?

To qualify for a $900K DSCR loan, you would typically need to show rental income of around $8K per month, assuming property taxes are about $10K annually and insurance is around $3K.

Alternatively, inheriting the property and doing an internal buyout (where your wife and you buy out the other heirs) might allow you to bypass some typical closing costs.Renovating and Flipping: If the home is in need of significant repairs, getting an accurate estimate of the renovation costs before making an offer is critical.

Typically with buy and hold, equity/appreciation is the primary concern for the investors that I have worked with, that's why I ask.

Private money lending typically comes from individual investors or friends and family, often based on personal relationships and trust, and can have more flexible terms.

:Class A Properties:Cashflow vs Appreciation: Typically, 3-5 years for positive cashflow, but you get highest relative rent & value appreciation.Vacancy Est: Historically 10%, 5% the more recent norm.Tenant Pool: Majority will have FICO scores of 680+ (roughly 5% probability of default), zero evictions in last 7 years.Class B Properties:Cashflow vs Appreciation: Typically, decent amount of relative rent & value appreciation.Vacancy Est: Historically 10%, 5% should be applied only if proper research done to support.Tenant Pool: Majority will have FICO scores of 620-680 (around 10% probability of default), some blemishes, but should have no evictions in last 5 yearsClass C Properties:Cashflow vs Appreciation: Typically, high cashflow and at the lower end of relative rent & value appreciation.

I may be able to help you secure a no-experience ground-up construction loan, even though lenders typically require someone with prior construction experience.If you're willing to reach out, I’d be happy to discuss the possibility of pulling some strings to get this project funded.

This could be a share of the profits or equity, typically in the 20-30% range, depending on the complexity and the workload.

@Roy Mitle When the syndicate sold the property, the $32K gain (Box 10) is a Section 1231 gain, typically treated as capital gain.