Hi Amber, Is this a rent by the room scenario?

Another common mistake is to estimate the complexity of the work by the number of pages.

Hi @Rhea Jeong,The situation you're describing is actually pretty common, especially for first-time investors looking to maximize their purchasing power.You’re correct that some lenders will consider a portion of the rental income when determining how much you can borrow, typically in the 75-80% range especially for FHA loans.

Put up signs to let them know cameras are in the area and let each tenant know that you put up cameras for extra security and that they are only in common areas.

Ask for these scenarios. 

However, the scenario you described could be achieved with most of the local HMLs here; I don't think you needed to pay 16% for that.

This should have already been a common practice, but because of the commission structure before the NAR settlement, lots of agents did not execute contracts with buyers in order to gain them as clients. 

Common fees will include a set-up fee, a leasing fee for each turnover or a lease renewal fee, marking up maintenance, retaining late fees, and more.

Real estate wire fraud is becoming more common every year.

Unfortunately this is common with DSCR and commercial loans.