The average household income is $84K.

@John Mocker   John,  Thank you for such a comprehensive and informative Email. 

Upcoming Posts in the Underwriting Tricks SeriesIn the upcoming series, I will delve into various aspects of underwriting to provide a comprehensive understanding of this critical process.

I would get a quote from Proper as they are usually the most comprehensive but the most expensive.

I would use the BP rental calculator or www.rentometer.com pro report which are very comprehensive.

And also engaged with institutional investors on a regular basis.I'm highly entrepreneurial and figured out that what I really want to do in my professional career is US multifamily investments.What I've done so far is selecting the markets I'm interested in (in TX), building a comprehensive financial model to analyze deals, and creating a very detailed due diligence list.

With a household count of 250,000 to 300,000 in Memphis, that represents only 0.05% of the overall market (and maybe half of that when looking at single-family detached).To your other point, starting off with a 25% equity position is a decent position to be in with any market downturn. 

That said, here’s another I underwrote…With this deal, the borrower had a comprehensive line up of documentation regarding the deal.

I am curious about your thoughts on the new Assembly Bill 968 (AB-968), effective July 1, which mandates comprehensive disclosure of repairs and renovations from sellers who flip one-to-four-unit properties within 18 months of purchase.Thank you. 

Check to see if this fits with your wealth-building and portfolio diversification goals by taking into account your entire investing strategy and financial ambitions.Finally, carry out a comprehensive risk analysis.