And it was a pain because guests kept signing out to use their own.So we just cancelled all services and we state on the listing that guests need to provide their logins for apps.I know we'll have issues with older guests.

Most agency lenders, Fannie/Freddie have been asking for 65%, knowing that there was problems on the horizon.You need to ask yourself where do you feel comfortable with debt levelsGino

@Ed HoffmanYou can do it by registering the NY LLC in PA. In

It was a pain, but in the end, I came out ahead as there are rent caps in the area and got good tenants. 

This in itself is an understated benefit because its a real pain having to explain to a lender, prospective employer etc. why your name is in the docket. 

I did have one near downtown that I sold as that crowd was a pain, lots of parties and difficult guests.

I feel like every project has its curveballs, and sometimes it’s the unexpected stuff that teaches us the most.

Great idea, although conventional and FHA renovation loans are somewhat of a pain to qualify for.

So I wont say not to buy cause I have and it has paid well but getting anything appraised is PAINFUL.

Are there specific tools, presentations, or approaches that help them feel more confident in taking that first step?