Usually by the time I’ve shown it 4-5 times I have at least 1 solid application that gets approved.

I bought a cabin in the Smokies in the summer of 2021 for $190,000 cash, and it has averaged $45-53K per year since.  

Just about any neighborhood within 30-45 minutes of Tampa/St Pete offers solid opportunities for flipping (I know, I know, a realtor telling you everywhere is good to buy :-). 

FYI, Brad talked to me for about 45 mins and let me as a bunch of questions.

Investment Info:

Other buy & hold investment.

Purchase price: $35,000

Cash invested: $35,000

3 Acre Parcel
Purchased 3 raw land parcels (2ea. 5-acres parcels and 1ea. 3-acre parcel) as a bundle f...

However, if this total income number is negative it will count against you like any other liability would (think car loan or other mortgages with no rental income or credit card min monthly payments/etc) against your DTI.DTI is typically maxed out around 45-50%, so half of your monthly figure so if you make 10,000 gross per month your max liability at @50% DTI is 5000 a month max payment.

PA has some pretty funky laws rules that may not apply to what the other 45 states do.. 

-Within 45 days of the date the tenant vacates the dwelling unit, a landlord must return all security deposit and required interest, if any, minus unpaid rent and expenses for damages.

Go under contract with a ~45 day closing, rehab for 30-60 days (costs wrapped into the loan)..during this time you can market for tenants, then move in. 

Regards,Jackson 4. 5.