That's why I rejected the offer.  . so those are funds that are set aside in the loans to be used for rehab.. and don't count as real POF.. but like you said new captain of the ship.. wish you the best in your funding endeavors.

Imagine you have a beautiful house or apartment, and you want to make sure it's well taken care of.That's where property management comes in.Property management involves everything from finding tenants and collecting rent to fixing things when they break.It's like being the captain of a ship, making sure everything runs smoothly.Step 12: Stay Informed About Market TrendsStaying informed about market trends is like having a crystal ball for your investments.It means keeping an eye on what's happening in the world of buying and selling, especially in the areas you're interested in, like real estate or stocks.When you stay informed, you can make smarter decisions.You'll know when it's a good time to buy or sell, and you can spot opportunities that others might miss.

Anyone have a large SFR rental portfolio that wishes they would have just bought an apartment complex from the start or vice-versa?

The lower the D-ratio the scarcer the inventory and vice versa.  

Who might rather be a country club manager , or a cruise boat captain , or a housewife, Or a carpenter or a semi truck driver , et cetera . 

Looking forward to all the wonderful connections and resources BP has to offer.Shalini G'Day Shalini,Welcome to BP 👍Slow and steady.I've said it for years.Take your time in finding the right people/team more so than focusing on the stats/demographics of a particular market.If you can establish the right team, they can make your investment good/profitable even in a poor market and vice versa.Toledo is great but can be a tough cookie also.Enjoy the wealth of knowledge BP has to offer and much success with your investing 🙏👍

My name is Rebecca and I have run Captain Save a Home LLC, Brew City REI Club (a private network of our trusted real estate friends), Brew City REI Training Cafe (ala carte style real estate mentoring/coaching) and Wisconsin Contractor and Handyman Club (contractor-investor connection platform) based out of Milwaukee, WI for the past 10 years.

In working with investor clients, I’ve learned what works for one might not for another, and vice versa.  

A “duplex” could take many different forms in the dmv, from a not-totally-seperate basement so as not to violate the letter of the law, to an ADU that’s sort of a duplex though not separately metered, to a true two unit multi family home.In Woodbridge at the 350k price point you can buy a detached home and rent out the basement and live upstairs or vice versa, and you can put it a second kitchen under certain circumstances, or house hack with roommates if you’re open to sharing communal space.Prince William County has specific rules on finishing basements: https://www.pwcgov.org/governm...There are also rules about number of unrelated people living in one home, though I don’t think it’s enforced much in Woodbridge if you’re not causing problems:https://www.pwcgov.org/governm...

We became good friends and that gave both of us someone to call with questions as he seemed to know what I didn't and vice versa.