It's worth comparing terms between your current lender and others to see who offers the best deal in terms of rates and fees.Purchasing a Property: Whether you purchase through regular listings, an agent, or an auction depends on your risk tolerance and expertise.

I remember after the GFC reno planners wanted to attract more regular businesses and get away from gaming.Great thread, thanks 

Might be an additional cost there.If units are updated, capex items look good, leases and tenants look solid, and there are no other regular expenses besides the 5200 in insurance/property taxes then I like this deal.  

I assume 15% of the rent for regular repairs and capital expenses (roof, furnace, windows etc.) and 5 % of the rent for vacancies.

But a lot of bank employees, real estate agents and regular people don't know it or they just don't believe it.

.: @Edward Toomey V and @Tyson Jones What I like about RentRedi is that they have a live webinar regularly.

You should treat it as a luxury package rather than regular STR. 

I don't like the returns but we use regular savings accounts. 

We regularly take over properties from managers who haven’t performed well, and it’s a seamless process when done right.

Let's say there's 3 properties in a 1-mile radius with 5b/3b, but one is a foreclosure and the other 2 are regular conventional sales.If you're doing a comp for your subject (4th) property, do you have to take the foreclosure one into consideration?