Wishing you all the best - but wanting you going in with your eyes wide open!

Hello Kyle,When screening applications for the properties that I manage, I always look for:- Income of at least 3 times the monthly rent (verified through the employer)- Credit score of 580+- Rental verification with past landlords (no outstanding balances, no late payments, and the property left in acceptable condition)- No history of collections, evictions, or criminal offenses- No overdue debt (except medical debt)I have found this screening standard very helpful when finding tenants who pay on time and treat the property well!

I briefly worked in commercial lending after I finished grad school and that really opened my eyes to the inner working of that industry.

Sometimes they take a creative eye to recognize. 

There’s huge retal income potential if you nail that balance between improvements that wow tenants and improvements that merely look fancy but don’t justify higher rents.I’d also keep an eye on how your high end plan fits the local demand.

I agree with you...there are going to be some opportunities but from what I've seen so far, lenders and banks are trying to keep the failures out of the public eye for the most part. 

Quote from @Miguel Del Mazo: Quote from @Jonathan Greene: Quote from @Miguel Del Mazo: We have 3 2/1 condos in our portfolio that attract traveling professionals (medical or otherwise) and a triplex that we essentially BRRR'd down to the studs.

win win in my eyes.

You get out there and put deals together with your eyes wide open to avoid as much as you can. 

I’m focused on growing my portfolio and have my eye on a few markets.