Quote from @Jim Crockett: Had a power couple go over to their ship despite my warning, they are young, we are not.

Hi Everyone, My name is Moustafa and since my wife and I just got married we are looking more into our future to be FI.

We are finding many properties needing light to moderate rehab in the 100-125K range.  

If you feel the need to explain why you hit the "reject" button, you could add to any of those: We are closing this leasing process by rejecting all remaining applications in the queue. 

It is currently rented, and we are bullish on the building and plan to keep the unit in our portfolio.

We are not perfect, and we only know where we fail when we are told. 

Most of the industry is blue collar work and some of our tenants have their rent paid by their corporate HQ, our all in cost for a new home there is $250k and we are bringing in $3k a month in rent and have had zero vacancies. 

We are new so funds are very limited, is there a process you guys use to make sure legalities are set up right, and can they charge on the close of the deal?

We have a member round table discussion on Fridays at 9 am cst.And we have a calendar of events with events from area landlord groups and member meetups.While we are still on zoom we do try to find ways to still be able to connect and talk with each other so our events are not all just another webinar with people talking at you.Hope to connect.

In my area these are rare so they are difficult to set market rent, and I imagine get a lot of wear and tear with a lot of occupants living there.