And then they cant understand why all the things that happen in those asset class's are happening to them they only fall back on their personal life experinces not the reality of life of a life long tenant.  

Interest rates are in the 6's right now so that heavily affects any new calculations for DSCR than when you bought the property.A hope would be that as your loan comes do and gets closer hopefully interest rates fall some making potential extra payment less required from lender.  

You are falling into the biggest trap out there for young people right now - FIRE and quiet quitting.

@Ika SargeantYes, its a very much talked about, I know in Reston there really isn't a need over here but I do know in falls church for example thats where alot of travel nurses live so Rental Arbitrage would be successful over there but there's not enough data over there so I haven't been investing my time in researching because of the lack of data but I'm going to call the Fairfax Nova hospital and get more information from them this week to see if they do contracts with corporations to send agency nurses to properties but that will be later. 

Hello BP Community,I have been a BP lurker for many years and after falling out of love with retail real estate- I am oh so READY to get into investing (my first true love).

I was really excited to sign up as I think their first student when they started making their rounds in the fall of 2020.

Good lender, but a lot of brokers don't really know how to navigate and they end up falling out (I come to save the day lol)CityScape Finance - Never heard of them New Silver - Never heard of them Lima One Capital- They are OK.

I'm located near Great Falls in central Montana.I have been self-employed for about 4 years and love what I do, so my goal is to build total wealth long-term, not to maximize cash flow for FIRE/financial freedom in the near-term.

I actually asked this to James myself at BPCON - his answer was "don't fall in love" which made me laugh.

There are exceptions - some properties are set up such that installing a few electric baseboard heaters might be possible to save on the gas bill - but i would still just shy away if not metered separately at the outset.  10) do shop for a lender and compare (usually pretty standard but there can be some fluctuation) - dont fall for the ones that sound too good to be true - there are gimmicks out there - big bank or reputable broker should do you fine.