I've been investing in Albuquerque for 10 years, and I can give you more advice if you are more specific about your goals.JjensThanks Jen, I am interested in both single and multifamily.

Make sure it explicitly explains the process for termination if you are unhappy with their services, especially if they violate the terms of your agreement.3.

I only have experience with regular single-family homes as STRs.

I'm still getting up to speed with things, so I can't say quite yet exactly what type of real estate investing I'd like to pursue, but from what I know so far I'm leaning toward long-term single family rentals in the Colorado Springs area.

@Cameron Gomez are you looking to house hack a small multi family property or single family and rent each room?

But it is very much applicable to single family rental and residential units simply by getting bridge financing and a post transfer cash out refi.

However, they approach financial health from different angles.The 50% Rule is a quick estimate that suggests operating expenses (excluding mortgage principal and interest) will roughly equal 50% of the property's gross income.The DSCR is a more precise calculation (Net Operating Income / Total Debt Service) that determines if a property generates enough income to cover its debt obligations.Deal example:- Class C middle class neighborhood- 4bd / 2ba single family house- ARV: 190k- Purchase: 105k- Rehab: 35k- Market rent: $1,400-1,525- Section 8: $1,475- Property manager: 10%- Taxes: 125 month- Insurance $1250 yr- HOA: $55 month- purchased and rehabbed with all cash.

I tend to prefer flips for single family anymore although you can still BRRRR just has to be in a cheaper area where the rent/price ratios are a little better.

(August 2022)Single-family residence buy & hold investment.Current Value Estimate: $410,000 Purchase price: $345,000 Cash invested: $5,000

As already mentioned, you could sell via seller financing to lower AGI, as all you would have to claim is the payment income - until balloon payment received.Did know an investor that had 14 properties paid off and he moved into one every two years to then sell with the $250k single exemption.