@Tommy Lamar,@Mark Mattison and I have set up a BP meet-up for 7:00PM Monday 19th June at Steel City Pizza Patio at 8600 Dorchester Rd, N Charleston.  

@Santiago Steele I'd guess at least 3 times what I spent.

Asking Price  $419,000 Unit 1 3bd rent  $2,200 Unit 2 2 bd rent $1,500Total Cash Flow $3,700 50% RuleIts recently remodeled in good condition outside, decent curb appeal, nothing fancy, new appliances stainless steel, both units leased and occupied.

Preference on cast iron, steel, acrylic?

Portfolio lenders and commercial lenders that do no have a seasoning requirement nor a max number of loans, although their terms are not as desirable as Fannie / Freddie.Here's my question: if the investor has not maxed out his Fannie / Freddie loan slots, is there any disadvantage to first dealing with a portfolio lender or commercial lender and conducting many BRRRRs in a short amount of time, taking that approach as far as you can, and then moving on to conventional Fannie / Freddie loans?

I'd take advantage of those remaining fannie slots as much as I can before pushing portfolio lenders, unless you get great terms.

I believe that the work that needs to be done to it consists of replacing the vinyl kitchen flooring (there is a burn mark on it), new paint, stainless steel kitchen appliances, and professional cleaning.

The labor is massive but I would recommend steel push piers for a little extra money in material but less in labor.

.• Marble quartz countertops in kitchen & laundry• New handscraped espresso birch floors throughout• Wood-look ceramic tile in bath & laundry (and as backsplash behind the range)• New stainless steel appliances• Remote control LED lights under kitchen cabinets• Nest thermostat• New windows• New roof with architectural shingles• New horizontal cedar fence• New cedar deck• New custom exterior shutters• Generous setback from main road• Xeriscaping provides added privacy & noise reduction• Carport & enlarged parking pad for easy turnaround• Prewired for Google FiberRenovations took right at 100 days and cost approximately $60K (versus the 45 days and $40K the original GC promised us, but that's another story for another time).

Youngstown as a whole is a declining market but it's pretty much been in a very slow decline since the steel mills closed in the 70s, not much has changed for better or worse since then though as far as real estate is concerned.