He was a realtor based in the Midwest (I think the greater Chicago area) and was talking about off vs. on market deals and the importance of choosing equity over cash flow. 

Industrial is supposed to be a bit harder to enter initially for folks who don't have capital, but the tenant base is responsible for their units (not you). 

I am a CT based investor, flipper and property management company owner.  

Looking at your question the proper guidance will greatly vary based on the contract your current PM and you have. 

Market rate is $1100 on the same street for the same style, size, and age of house.The tenant has been there for 25 years and has also worked as a handyman for the landlord on various properties, so the current owner has asked me to keep him there for at least the next year before raising rents.Property taxes from 2023 are just north of $2000.Based on this Deal Calculator it should cashflow month 1.My questions:1.

The R2R team was great with communication, providing guidance and insights, and getting me in touch with the proper resources.

Sometimes, unseen issues (like major repairs) end up costing more than the discount you negotiated.Final Thoughts•If there are no major rental restrictions, and the numbers work based on rental comps, this could be a great first investment.

Hi, Based on my knowledge I don't think a three bedroom two beds will go for 2 K A month But I'm not sure, maybe it depends which zip, And the condition of the property as well.

Many DSCR would base it on the purchase of land. 

Some agents will not take less than 3% no matter what, others will adjust based on the deal.