Even when Open Houses came back they are supposed to be slotted and distanced, but they are not.

I know there are slot of good ones because I’ve had several.

On both properties I shot a virtual video tour and held one open house with time slots out of respect for COVID-19.

You will also use double conventional loan slots, which means you will need to refinance into a portfolio loan faster if you plan to buy over 10 properties, thereby decreasing your cash flow because of higher rates.

Vacant property might cost us s lot more than even to change laminate throughout this whole little house.

So, this deal looks good to me even with a 25% conventional mortgage at 15-yr fixed rate, 4.25% interest rate.The open house for applicants happened today; over 12+ pre-qualified applicants are scheduled to tour the 2bed/1bath unit in different time slots.

I set up Specific days and time slots when people could come over for viewing the home. 

.$32,000  60 units at $50 at 90% occupancy$5,000   Outside storage  15 slots at $30 at 90% occupancyExpenses:????????

Basically, all you need is a Title Company or attorney that can run a title search quickly and schedule you a time slot. 

Depending on the length of time held prior to 2026, there are basis step ups that occur to reduce the gain recognized in 2026, max of 15%, but note that the first of these time slots ended in 2019 (7 years), so at this point that reduction would be 10% if invested for 5 years by 2026.