Quote from @Alex Moazeni: You are making the common mistake of allowing a tenant to push you around.This is your property.

Most do not go past 75% and also do not allow a second lien either.

This allows us to close extremely quickly, which is an important competitive advantage.I don’t know how to read our own tax returns, and I’m certainly not going to read yours.

Typically, most cities allow for 30 day minimum rentals.

build a multifamily property and continue that strategy. building is a different strategy that allows you to still enter hte market below value. this is what we build in columbus ohio for investors it's a 3 story walk up infill that's about 24x40 and 2 bedrooms 1 bath stacked 3 times. it's identical to like 65% of apartments that are built. you'd need probably 100-150k in proceeds.

As a PMC, we allow tenants to:1) Mail in rent (we charge a Processing Fee)2) Deposit at our bank (we charge a Processing Fee, but less than the mailing one)3) Use Zelle, Venmo, etc. 

Happy to chat...being a local GC takes out a lot of the risk of the biggest variable for most investors (unpredictable rehab costs) and also allows you to consider more options than the average investor, with your rehab costs being significantly lower.

They don't allow auto payments or automatically add late fees, and tenants would have the option to pull their payment back, which is not ideal.

Majority of DSCR Lenders do not allow Manufactured homes but do allow for Modular. 

Having a "master" accounting software allows you to blend all property-specific info with general business info to see your full financial picture.