A rent payment isn't enough to cover the DSCR payment, HELOC payment, tax, insurance, and maintenance.

I find that depending on the market $300-500/mo are fairly normal and if compared to what you would pay with a single family home on some utilities, maintenance, and management, it's a good deal.

They use leverage in some of their funds, which can increase returns, especially if they have a low cost of capital (but potentially increase risk and trigger UBIT issues).

Section 8 is best used as a risk mitigation tool for properties in super low income, high crime areas.

Are you reserving for cap ex, maintenance & vacancy?

It could be 50% high, 50% low or right on the money but no matter which of those three it is makes no difference.

My vision for CountOnCam LLC is to be a company that would like to provide a shared housing experience for women and children, immigrants, and low income families.

It possible that the market will stay low for a long time.

Question: assuming an ideal brrrr that has all investment extracted at the refinance, why would you choose a low cost market over a high cost market?

I'm working with a company who owns a small, 19 unit, senior and low income apartment building.