One thing to be aware of is the FHA multifamily self-sufficiency calculation which determines if a property can generate enough rental income to cover its mortgage payments.

I am interested in flipping in the downtown / Patty Jewett area and would love to get connected with someone who flips in the Springs (and hopefully pick their brain a bit).

How would I determine which is best for me?

Insurance is still an annual dog fight via my broker.Read your policy very carefully, consider replacement costs will probably be higher than estimatesResiliency is a requirement here.As far as sell or not....it'll depend on your determination to be here.This ain't the burbs of the bay area.Prepping for heavy rain right now.

Did you run a DSCR calculation to determine cashflow?

Lenders usually determine whether properties are lendable based on the debt service coverage ratio. 

I picked a mentor and a team to follow and the rest worked out

You picked a great community to join.. have you checked out local comps to gauge the market vibe yet?

This move is such a great example of what determination, solid planning, and truly listening to investors’ needs can achieve.

Hmm, the title company said they couldn't determine the amount, only that there was an agreement to the terms of another agreement... like a notice for hoa responsibility tells you they're responsible but not how much is owed.