There are occasions where the borrower does have ability but does not qualify for traditional - but that is rare.Throw in the fact that I am not a bank so I can create loans out of thin air and only need a 10% reserve as another reason.I can share good and bad stories - it really goes to underwriting the borrower and the price they pay (paying more) is irrelevant if they cannot make payments

When I get my first rental, I'm going to use Cozy or Avail.

I’m active duty Air Force with four rental properties.

Built in 1987, the building features four spacious units, each offering 1,012 square feet of living space with two bedrooms and one bath, and a cozy 506 square foot one-bedroom, one-bath unit.

I'm a wholesaler/investor in GA and the areas I come across deals are in Albany, Macon (college area, Amazon Facility), and Warner Robins (college area, Air Force Base).

:PJoel: NOT trying to start a fight (though I don't mind) or an argument here, but I AM one that will call out a person when they over-reach or blow hot air for all to see. 

When you say HVAC, do you mean just the furnace or is there central air for the units?

Additionally, a property with a pool and a spacious backyard is a huge draw, as guests love the idea of relaxing by the pool and hanging out outside enjoying the fresh air.

This is what I got from the seller.Remodeling: No remodeling has been done recently but is still in good condition and almost like new: a new 50-year metal roof; new central air and heat; new cabinets, sinks, etc., in the kitchen and baths; new flooring; a new driveway.  

think about your first 1 to 2 to 5 to 10 years of ownership of a property, and the difference between:-a 1-year old furnace under warranty, and a 35 year old furnace-a house with central air, and a house without-a house with a brand new roof, and a house with a 25 year old roof-a house with a knob and tube wiring, and a fully rewired housewhich is going to have more capex?