When going this route, there are so many angles that are in your favor that include, but are not limited to at market rents, financing, cost segregation, and your exit strategy options.Our company is in the process of closing on two 40-100 unit deals this year, so we’re scaling up fast.

. :-)You can include any paperwork that legally prevents someone from filing bankruptcy.

However, it’s important to account for vacancy (5-8%) and maintenance (5-10%), as these can impact your net cash flow (if these weren't included in your cost calculations already).

There are many folks, including myself, in this forum that can help and the more info you can provide (mainly numbers on the property), the more we can help you.

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.

Assumable MortgagesAn assumable mortgage allows you to take over the seller’s existing loan — including its lower mortgage rate.

Depending on the fee schedule and activity this can cost significant transaction fees and always includes some red tape and extra processes to go through.

On the flip side, some challenges include rising material costs, contractor delays, and unexpected permitting hurdles—so having a solid plan and reliable team is key.Would love to hear more about your strategy!

🌟 There are definitely people in the Milwaukee area, including Bay View, who rent out rooms on Airbnb.

If you ever need insights on financing options for rental properties, including DSCR loans to scale your portfolio, I’d be happy to help.