Self managed HOAs are usually undercapitalized so you want to take a thorough review of the condition of the community to make sure there isn’t deferred maintenance because you might get hit with a special assessment if the board isn’t setting aside cash for those capital improvements.At face value, taking into consideration my typical financial objectives, I wouldn’t do this deal unless it was a much lower price.

I'm entertaining hiring Egyptians because many of my colleagues have had great experience using them recently, but I've managed hundreds of VAs over my 10 years of investing with the majority of them being from the Philippines.Having a hiring process will determine the quality of applicants you receive. 

The lower the class area the higher the cashflow you should be receiving.

This method typically provides an accurate, data-driven view before deciding to move forward with a property.

that we’ve learned in our 24 years, managing almost 700 doors across the Metro Detroit area, including almost 100 S8 leases:Class A Properties:Cashflow vs Appreciation: Typically, 3-5 years for positive cashflow, but you get highest relative rent & value appreciation.Vacancy Est: Historically 10%, 5% the more recent norm.Tenant Pool: Majority will have FICO scores of 680+ (roughly 5% probability of default), zero evictions in last 7 years.Class B Properties:Cashflow vs Appreciation: Typically, decent amount of relative rent & value appreciation.Vacancy Est: Historically 10%, 5% should be applied only if proper research done to support.Tenant Pool: Majority will have FICO scores of 620-680 (around 10% probability of default), some blemishes, but should have no evictions in last 5 yearsClass C Properties:Cashflow vs Appreciation: Typically, high cashflow and at the lower end of relative rent & value appreciation.

Any potential or existing Broadstreet investors should be aware that the SEC recently filed a lawsuit against the fund and its principals and asked the court to issue a temporary restraining order, appoint a receiver, and order an asset freeze.

However, these programs typically qualifies borrowers based on their income, such as tax returns.The DSCR would be a good option considering you and your husband are entrepreneurs and the tax returns don't look good on paper.

Typically lenders will use the total rent being collect or the market rent given on your appraisal, which ever is lower.

We decided to quit buying rentals to hold, and instead, the units that we typically would rehab and hold, we are going to rehab and sell.

@Adriana Medina, a typical landlord is not a skilled detective/investigator.