Additionally, the STR market is quite oversaturated right now as well

Interest rate on the home is 2.6%, so I don't want to pay down the loan with the additional income coming in.

Mortgage lenders will qualify you for a higher purchase amount for multis than they would on a single, because they will count the rent you will be making on the other units as additional qualifying income for your loan application.

I've been informed that completing the course alone may not be sufficient to pass the exam, so I’m seeking advice on how to prepare effectively once I complete it.Currently, my only other resources include a YouTube video, five practice exams, and a textbook.If you have any additional suggestions—whether online or in-person, paid or free—that could help me effectively prepare for the exam, I would greatly appreciate them.

In addition, these markets are seeing both home values and rents appreciate.Cash flow from a property will depend on your down payment.

Additionally, most servicers will provide the tax documents needed at end of year (1099-INT, 1098-INT) and can also issue notices of NSF, late payments and support delinquency /default.

For instance, Speedway, Beech Grove and Lawrence have additional rules in place.

FHA now allows us to count rental income from an ADU (additional dwelling unit) to help borrowers qualify.

It could go higher with additional work to the house.

Once you’ve built some confidence and systems, you can start exploring additional markets.I personally focus on 2 markets that are about 20 mile radius.Make sure the market(s) you choose align with your investing goals, whether that’s cash flow, appreciation, or both.