There are cheaper one’s in D/F areas but I would be careful as those can create a laundry list of additional issues.

It will take 19 months of cash flow to break even.This doesn't account for any maintenance issues or a really bad renter.

So far, it’s going really well, and I’m glad we made the shift.For me, the decision wasn’t about issues with self-managing but more about freeing up time and mental space to focus on the next steps in our investing journey.Curious to hear others’ experiences as well!

Account ClosedIf there are maintenance concerns that's an entirely different issue.

.- Tell them they have to provide documentation of the animals service / emotional support (as allowed by your local ordinances), and that they have to provide documentation that the animal is current with its inoculations, etc. as well as its local license before you'll permit the animal in the unit.- Tell them they'll have to provide you with a copy of their renter's insurance naming you as additional named insured, with a minimum of (I use $300,000) liability insurance, also before they move into the unit.It's not perfect, but it's a start toward a tenant transparency.

If while asking the questions the loan officer says that the sub to property that you are getting ready to buy would become an issue then just close on the sub to property after you close on your refinance. 

The timing does suck because this issue came out of nowhere at the end of their lease.

The only issue is the interest rate is 7.125%.

If before getting a permit you have to dance around for Code Dept officials/ city gov and crime is thru the roof, investments will definitely be low whether real estate or other, but it should be benefiting the city officials to keep things that way.

If your project qualifies for EPP (Express Permit Program), then you don’t have to secure permits in the traditional way.