The 1% rule is a simple rule which is easy to calculate and describe.The Market Analysis IS the screening rule. 

Know the rules, know the tenants, know how to get paid and know the repercussions.

Ensure you have an itemized invoice from the cleaner, which can help justify the deduction.Reasonable Deductions: Long-term tenants often leave normal wear and tear, so I recommend being lenient on minor issues.

This convenience and leverage can justify the higher cost of these loans.Personally, I prefer using a HELOC because I only have to apply once and can then tackle one or two projects at a time.

My dad and I (both with access to VA loans) are about to get into the multifam game and how we proceed is really going to depend on the true occupancy rules for the VA and our lender.

Hi Griffin,After investing in 30 rentals, I’ve found that decisions like this come down to whether your current return justifies keeping the property.

Fees should be clearly stated in writing, easy to understand, and justifiable.

. - New construction will be comped against other new construction - Start out with enough comps to justify the price point- keep the area tight to consolidate the risk vs building one or two in different parts of the same neighborhood. 

Just do your homework (I need to do this way better) and remember most successful investors aim for the 1% and at least 80% rule ARV... if you don't see this in the deal, they agreed to buy it too high or they are making too much profit.

If they can't justify the charge immediately and specifically, then it's probably just a money grab.Remember: lower fees don't mean you'll make more money.Start by going to www.narpm.org to search their directory of managers.