Hi Brian, I have Obie in my properties now, although I've never filed a claim with them so far, they are the better rates I can find, ask for their tenant liability coverage, I paid an extra 107 dollars a year and they cover up to 100k if a tenant severely damage your property. 

I considered starting out house hacking a MF, but it will only increase my monthly expenses, not lower them or provide cash flow. 

I found really good deals and paid cash.

Increase earnings, decrease expenses, save up, and then you can invest. 

When I search for rentals as a user and not as a landlord the search result shows as apartments with 3 units and when I click it then it brings up all 3 houses and says which unit the user want to go to.I paid for this premium listing and want my listing to be separated out.

Its a lot easier to have a paid off portfolio of 2-3 properties earning you 10k/m in cash flow than 15 properties giving you the same return but are leveraged. 

I paid 2,200'on a survey and inspections of a wholesale and another heir blocked the deal 🤷🏻 You win some you lose some. 

These options allow you to build knowledge and experience for free or even while getting paid to learn. 

Loan interest is not an expense used in arriving at the NOI, therefore interest rates don't directly impact the cap rate analysis.

Here's the deal:Purchase Price (PP): $95kRenovation Budget (via HML): $60kTotal All-In Cost: $155kARV (After Repair Value): Around $200kRefinance (via DSCR Loan): 7% interest, 30-year fixedRefinance Details:After the refi, I will pay back the Hard Money Loan (HML) at 11.95% with 3 points:HML: $60,000Interest/fees: $3,585Other costs: $1,800Total to pay back HML: $65,385After the refi, I will have $84,615 left in cash.Cash Flow & Expenses:Expected Rent Income: $1,700/monthProperty Management (PM): $126/monthInsurance: $100/monthTaxes: $126/monthMortgage: $1,043.75/monthTotal Expenses: $1,395.75/monthSo my monthly cash flow is about:$1,700 - $1,395.75 = $304.25/month in cash flow.Return on Investment:Cash Invested After Refi: About $18,385 (after paying off HML and closing costs).Annual Cash Flow: $304.25 * 12 = $3,651Cash-on-Cash Return (CoC): $3,651 / $18,385 = 19.8%I didn’t account for maintenance costs since it’s a full gut rehab, and everything is brand new.