Be Patient and Flexible: Market conditions and unexpected challenges can impact your plans.

DSCR will impact your debt to income ratio and it could impact it negatively.Once you get your W2 situation straight, buy a small multi family and live in it for a year.  

While it’s impossible to know when / how many homes in a certain city will be impacted by fire, flood, etc I try to stay top of mind with ALE Solutions so that I’m one of their first to call or email in the markets I operate in

In terms of property value, I dont think it would have much of an impact as SRA really isnt classified as a crime specifically because of secular laws and such and the crime would be sa, murder, extortion etc..  

Hold on to the cards forever (closing accounts or opening new cards can impact your score).

You can conveniently blame it on Covid even though most reports show it had very little impact on multifamily, especially through July.

Since non-permitted work could impact insurance or liability, I’d consult local authorities, hire professionals, and confirm zoning compliance to ensure a smooth process.Good luck!

I sensed the rising interest will make impact on real estate market so I withdrawal all my investments at the end of 2022 or early 2023.

The longer you hold at the higher HML rate will really impact your bottom line.

@Joy McQuearyRecommend you first figure out the property Class you want to invest in, THEN figure out the corresponding location to invest in.Property Class will typically dictate the Class of tenant you get, which greatly IMPACTS rental income stability and property maintenance/damage by tenants.If you apply Class A assumptions to a Class B or C purchase, your expectations won’t be met and it may be a financial disaster.If you buy/renovate a property in Class D area to Class A standards, what quality of tenant will you get?