We have many efficincies under management with a ~10% vacancy rate with prices ranging from 485-625 depending on location property quality and amenities.

While the borrowing costs are higher, I’m exploring strategies where the returns could offset this.

@Jacob Hrip For a first-time investor, financing options like a HELOC or private funding depend on your strategy and risk tolerance.

However, I still struggle to understand the art of estimating rehab costs. 

It also depends on how you hold your properties; LLC, S Corp etc... as to what the agent will recommend.

Hi Kana - I think it depends on your budget of course.

I don't know that any of this would affect a new appraisal, but there may be some comments by the appraiser, which may or may not hurt you depending on why you want the appraisal in the first place. 

.: Quote from @Michael Plaks: Quote from @Ashish Acharya: @Anirudh ReddyWhen it comes to a seller-financed property, who claims the mortgage interest depends on who’s responsible for the loan and who’s making the payments.

Skip forming a corporation for now—it won’t protect you from personal loans, and it adds unnecessary costs.

Section-8 rentals are great because of that dependable income.