Verifying last 2 years of rental history and income extremely important to find the “best of the worst”.Make sure you understand the Class of properties you are looking at and the corresponding results to expect.The City of Detroit has 183 Neighborhoods we’ve analyzed.PM us if you’d like to discuss this logical approach in greater detail!

I'm getting mixed signals about paying pts from lenders and I'm genuinely interested in hearing some of the logic behind which is best for this loan that we are about to do.

Verifying last 2 years of rental history and income extremely important to find the “best of the worst”.Make sure you understand the Class of properties you are looking at and the corresponding results to expect.The City of Detroit has 183 Neighborhoods we’ve analyzed.PM us if you’d like to discuss this logical approach in greater detail!

Would it be logical to STR instead of LTR after project is finished and I move out (I no longer have to U-Haul furniture across the US 2x a year and I can look for markets beyond the Southeast and Midwest)?

No right or wrong answer, but there is probably more risk buying a property and THEN trying to find/build a reliable team on the ground.Trying to find contrators, inspectors, agents, etc. you can really TRUST is difficult w/o a property though.Makes the most logical sense to find a GREAT PMC who can connect you with others as needed.

•The applicant pays the background check fee and I don't have to deal with it myself•Can set your own logic and rules around what kinds of late fees to charge and when to charge them and if a tenant is late paying those rules are automatically applied•Can set the payment rules to not accept partial payments.

I would argue that the premium is valid due to the value I added to the property by getting the legal structure and agreements in place, then finding like-minded buyers.I'm looking for people to poke holes in my logic.

Im a very busy individual but I find it logical and necessary to make time to see something I have hundreds of thousands of dollars in.

I get all the debt arguments, the "math", whatever logic is used, etc.I still subscribe to no debt or limited debt.

Another item is, my logic at purchasing this property was to spend less than what I am paying for my current living expenses and it is about there.