We are just in the beginning stages of discussing terms and that is what they started with.

@Clayton SilvaI think you covered a lot of the angles - the answer is “it depends” - every person is in a different situation and stage of life and some may want to pay points and others maybe not.Right now I would not be buying down the loan knowing the fed will lower rates, which should slowly bring down the 10 year T which would then lower ratesFor me I would guess I would refi within next 3 years so I wouldn’t pay pointsIf I thought I was not gonna refi within 5-7 years then yes pay points

I’m in Florida and have a few properties in the early BRRRR stages out of state including Ohio.  

I’m in the early stages of RE investing; saving, reading a lot, etc.

Hey @Enrique Mendez - I am new to the real estate game as well (still in the personal finance organization stage), but I have read Real Estate Rookie and it provided some great nuggets of wisdom to get started.

4- of course we'd want to verify it's permitted use per zoning5- Capex will need to be budgeted for a reserve account for tax purposes6- need to get the stage 1 and 2. 7- by subcontractor issues do you mean a mechanics lean on the property?

The downleg is in the final stages of creating a marketing package from the broker that we're using and should be listed in the next couple weeks.

If you don't have many ties, like Scottsdale more, or want a change, then maybe you go for the flip and sell and get going on the next stage in your life. 

Have 2 deals on table approved stage one just dont want payout more $ for verification on stage 2 if this is BS

Prior to anyone submitting an application ensure you share your rental criteria clearly ( i.e. credit score, your preference on acceptance of rental collections, evictions, felonies, misdemeanors, pets etc. ) as well as sharing any additional charges ( i.e. monthly pet rent, pet deposit(s), security deposits, admin fees etc. ) people unqualified will usually "walk" as this stage and that is where you will save time. 3.