Now, let’s dive into the upsides and downsides of moving to this kind of arrangement.The Upsides of Consolidating Your Insurance into One ProgramSimplified ManagementManaging multiple policies with different renewal dates, coverage limits, and terms can be a logistical nightmare.

Any more info you can provide on MSA, what your rents were before vs after renovations, what kind of renovations you did and the total cost, and your return profiles?

In a former life this was fairly common but I would have it paid to escrow and then credited off my origination fee, if that makes sense.

What kind of properties are you interested in?

Spending lots of money on your website will not give the kind of results you need.

Start talking to local lenders and see what kind of products they have for construction/ rehab loans.

I lined some prospective new tenants kind of took my time, was picky, didn't find the right tenant yet, plus I had to get in there and paint/repair etc  but towards the end of the 60 days I was showing the place to some i thought was gonna fit and lo and behold the tenant calls me the day he suppose to be moved out and told me he changed his mind, going thru personal stuff and wanted to stay.

Some lenders may still offer 10% down, but they might require strong compensating factors such as excellent credit, higher reserves, or a low debt-to-income (DTI) ratio.The requirement for 12 months of reserves is common with jumbo loans right now, especially in Southern California, where property values are high.2.

If she can navigate through that kind of mess and still pull off a win, that’s exactly who you need in your corner.Wishing you both smooth deals moving forward! 

Do you notice commonalities about them?