That little piece of paper saved him a fortune in legal fees and stress.Gather Hard Evidence: You’ve already got a strong start with appraisals showing the property as a four-unit.

@Penny PengBig piece missing here - what is the best component ?

I then lowered the offer price to 70k since I wouldn’t be able to complete the due diligence piece.

Everyone want a piece of the pie.Joe Gore

For something more robust, tools like Excel or online calculators from financial planning sites might better suit your needs.Your ROI Formula:ROI = (Net Cash Flow ÷ Total Out-of-Pocket Investment) × 100For your scenario:Net Cash Flow = Annual Rental Income - (Mortgage Payment + 401k Loan Payment + Other Expenses)Total Out-of-Pocket Investment = $40,000 cash + $50,000 loan payments over 5 years.I came across a piece in Bloomberg recently discussing creative financing, and they touched on ROI calculations for multiple loans.Personal anecdote: A buddy of mine leveraged a 401k loan for a fourplex.

For example, I have repeatedly informed him of my very negative experience with ABC Capital Investments (still going on almost one year with no payments to show for it) and yet he continues to promote ABC Capital Investments in Baltimore and Philadelphia despite fully knowing that many people continue to have very bad experiences with them.

Tom Cruz promotes that naive, inexperienced investors should buy Class D rentals and somehow rent them to S8 tenants. - Won't work unless you REALLY know a market and have the proper connections!

I recently came across a piece in Forbes talking about how quickly rental dynamics can evolve when population growth spikes.I’m based in Phoenix and have been in the real estate game for three decades, and a close friend of mine recently reminded me how the right connections can shape your entire strategy.

Furnished Finder is a good idea, even if the fit with travel nurses hasn’t been ideal—it might be worth exploring other platforms for mid-term renters or marketing directly to local families in need of temporary housing.One thought: consider offering seasonal promotions or themed packages to draw in more guests, like holiday stays or discounts for longer weekends.

I've never been but the photos I see it's always Large newer homes or SFH on a large piece of land.