When choosing a location for your first rental, it’s great that you’re considering factors like crime rate, population growth, employment rate, and price-to-rent ratio—those are all key metrics.

@Mario MoralesI think this is a common question and the value that an agent will bring will vary by individual needs.

I’ve never had this specific issue but mistakes like this are pretty common. 

Hey Denny - For rehab costs, a good place to start is breaking things down room by room and getting rough estimates for common repairs like the roof, HVAC, kitchen, light cosmetics, etc.

And for rental houses. this is not common and absolutely  crazy to do a deposit over maybe 5k or 10k..

I’m looking for mentorship from other investors in this forum to help me identify deals, help avoid common pitfalls and learn from failures. 

I bout one in 2019 and it has turned into a gem for me, but at the time, it would not have been 1.25 1.25x is a very common DSCR for a bank.

It’s not very common but I have seen this done before.

Some must be using PriceLabs because it’s so common. 

Common fees will include a set-up fee, a leasing fee for each turnover or a lease renewal fee, marking up maintenance, retaining late fees, and more.