Theresa, I actually re-did the entire quote with realistic labor times for the ones that were simple enough to use common sense.

There’s tons of inventory at realistic prices.

Realistically I would reach out to a good real estate friendly CPA. 

How realistic is this? 

The Josh Dorkin/Brandon Turner & early Brandon Turner/David Greene episodes were the best…realistic portfolios held by everyday people and deep dives into 2 or 3 or sometimes more of the properties, that kept me listening. 

I believe I can demonstrate that the property was originally used as a two-unit dwelling, which could strengthen my case.I want to ensure this deal is still viable and that securing the proper permits is realistic, as my financial projections are based on this being a multifamily property.

We will continue to live in MD as my fiancée’s family is all here, but I think it’d be very realistic and *relatively* easy for me to invest in LTRs in Memphis.

Better return vs risk. compared to the larger more expensive property.What would be a more accurate percentage of rent that you would allocate for maintenance and capex now that you see more realistic numbers from  your properties?

You can't just HOPE it will work out - you have to run the numbers.You have to make sure your numbers are realistic.

I am realistically looking at 2-3 year plan on paying down the ARM or just stockpiling cash with the plan of refinancing the ARM before the term adjusts if rates are more favorable in the next few years.