After they have viewed the property, if they choose to apply we require a separate application for each member of the household over 18.

https://www.har.com/content/newsroom/Houston Real Estate Highlights in August:-Following a record-setting performance in July, single-family home sales held to positive territory again in August, rising 6.0 percent year-over-year with 9,195 units sold;-The Days on Market (DOM) figure for single-family homes lowered from 53 to 51 days;-Total property sales rose 7.3 percent with 11,121 units sold;-Total dollar volume jumped 13.4 percent to $3.5 billion;-The single-family home median price rose 7.6 percent to $269,000 – the second highest median price of all time;-The single-family home average price increased 7.8 percent to $334,256 – the second highest average price in history;-Single-family homes months of inventory registered a 2.8-months supply, down from 4.1 months last August and below the national inventory level of 3.1 months;-Townhome/condominium sales rose 1.3 percent, with the average price up 4.5 percent to $216,733 and the median price up 1.7 percent to $175,000;-Single-family home rentals dropped 13.3 percent with the average rent up 2.3 percent to $1,961;-Townhome/condominium leases fell 13.7 percent with the average rent up 1.0 percent to $1,654.

I was getting a loan with Georgias Own Credit Union and they told me they cant give loan because the condominium is not Fannie Mae approved.

A vacancy can still be covered by other units and you could even house hack if needed to reduce your other household expenses to free up income to pay for unexpected repairs and such. 

Sales of both new and existing houses and condominiums dropped by 11.8 percent year over year as prices shot up to a record high, according to CoreLogic.

As a small landlord, IRS rules allow me to deduct a significant amount annually in expenses from my reported household income related to keeping up and improving my rentals.

Interesting thing about this one is, we initially thought it might make sense to sell off as condominiums, but currently looking into whether the numbers make sense to cash out refi.

Typical condo fee: $475 - $600 each condoTypical 5-15 unit apartment fee: $1,500 - $2500That's because each townhouse/condominium is a separate property even though you bought them simultaneously and from the same project.

If you can’t afford to invest or you are not investing as much as you would like to, find ways to increase your household income and/or cut other expenses.

Internal Revenue Service, or (iii) received an Economic Impact Payment (stimulus check) pursuant to Section 2201 of the CARES Act;3) the individual is unable to pay the full rent or make a full housing payment due to substantial loss of household income, loss of compensable hours of work or wages, a lay-off, or extraordinary out-of-pocket medical expenses;4) the individual is using best efforts to make timely partial payments that are as close to the full payment as the individual’s circumstances may permit, taking into account other nondiscretionary expenses; and5) eviction would likely render the individual homeless—or force the individual to move into and live in close quarters in a new congregate or shared living setting—because the individual has no other available housing options.