Here's a fundamental explanation to get your juices flowing:Assume a house costs $200,000 and rents for $1,500.

I have helped several investors recently acquire single family homes around the $400K price point that rent in the $2,200-$2,350 range.

Renovated in 2023, annual gross rents $144k + utilities.

Yeah the plan is for her to do everything for the rentals, collecting rent, posting houeses for rent in Zillow, evicting tenants, tenant application, etc but I don't know if these would be enough for her to have spent 750 hours a year...

Been late on rent.

If its four months from now, then explain to him he's going to be evicted, will have a record, and it will go to collections for all court costs and rent money owed, to the penny.

DSCR loans are based off of down payment, credit score and either actual or market rents so it helps to supercharge an investor's real estate goals and net worth.

I would not renew their lease then find someone who can pay their rent on time and will obey your rules.  

Purchase price: $350,000 Cash invested: $10,000 House hacking my first home by converting the master bed into an independent studio that we rent on Airbnb What made you interested in investing in this type of deal?

I'm using Baselane for accounting and rent collection.