FLFCU is not a good bank for residential investment properties, but great for buying a primary (which you are). 

The neighborhood has seen a lot of revitalization in recent years, with an increasing demand for both residential and rental properties.

I have a non-residential commercial mastermind and the fee started at $2500 in season 1. 

If you'd like to chat more... maybe swap some stories over a decent cup of coffee... just say the word.Take care, Pat & JasperTurning investment visions into REALITY in Phoenix, AZ - Ranked #1 for residential real estate growth and opportunity by PwC

Prioritize stable cash flow, good location, and manageable property condition, while considering strategies like gradual rent increases, expense reduction, and value-add improvements to enhance returns.

That is in the contract as a deterrent to prevent an owner from using our services to find a high-quality resident and then moving the management, thereby hurting our reputation with the residential community. 

Hi Steven,It sounds like you and your wife, Renee, have a wealth of experience in the real estate and construction fields, which is a great foundation for starting your real estate investing business.Given your background in residential remodeling and home inspections, and Renee's experience as a real estate agent, you're off to a strong start.

If I was the buyer's broker, I would have checked myself to protect my client.If they had, then they would have found out it was not a three family.Its a valid point.In NM, our zoning / city doesn't post # of units publicly, only high density residential or low density. 

I have a residential unit that might come up soon.

If you have 1-4 unit residential that's already cash flowing I would go DSCR if you have a ratio of 1 or more.