This will free you up to get a loan in the 2 or 3% range... even in 2025! 

But these days, even the 1% rule is often unrealistic and pushes you toward terrible areas. 

Most of our owners find they don't even need a property manager.

We just need to make sure the lender can do the loan without the tax map key   really depends on the lender, a direct lender who uses their own money may come down but a hard money company with 20% down on land even with other collateral may not want the deal.

The common mistake here is that not ALL your equity is borrowable on a property and even more so on a investment property then an owner occupied property. 

Despite this, I have tried to be patient and haven't initiated any eviction proceedings, even though Hawaii Tenant Law allows me to issue a "notice to pay rent" after just 5 days of delinquency.I've heard that if you're having issues with a military tenant, you can contact their commanding officer to help resolve the problem.

But even if they file, they have to make all payments afterwards or can be evicted. 

You'll want to gather the last 2 or three months of COMPLETE bank and brokerage statements...even if you think we don't need to see it...give them to us.

Good Evening Timothy!

My son currently lives in the townhouse b/c he is going to school and works in the area.Since he is young and starting out in life, I would like for him to only cover the basic costs (taxes, HOA, utilities) just enough for me to break even (I believe that will put him slightly little lower than market rent rates).