Also, before you buy another property you'll want to determine your ideal next property - meaning, will it be a "rent ready" house, a major renovation project, or somewhere in between.

Yeah, various factors kept adjusting but for majority part it was the same sport. 2020, everything changed.

Can try to reposition to Class B, but neighborhood may impede these efforts.Vacancy Est: Historically 10%, but 15-20% should be used to also cover tenant nonpayment, eviction costs & damages.Tenant Pool: majority will have FICO scores of 560-620 (approaching 22% probability of default), many blemishes, but should have no evictions in last 2 years.

If it's uninhabitable or in need of major repairs, that's a no-go for DSCR. 

That said, the overall market is still grappling with major challenges, and inventory remains one of the biggest obstacles.So, what does this mean for you?

What happens if he has a major expense? 

Majority of banks, credit unions, and hard money lenders are cutting back.

If I had stayed at UNT I would likely have majored in real estate and gone down a different path.

I'm curious what the demand is for midterm rentals...outside of major metropolitan areas.  

I love the cities that are like an hour outside of major metros, more affordable but still get some of the sprawling growth.