Good luck exactly the 1% and greater rule steers ( especially first time investors who think that is the metric they have to hit) into what is almost always higher risk rental areas.

I'd compare the cost of the buyout vs. the penalty you'd get hit with IF you refi or sell. 

I hit 24 Roku's about 6 months ago. 

Hi Shaheen, rental properties often get hit with higher tax rates because local governments see them as commercial investments.

I think you hit the nail on the head when you said "...and I think it helps prevent problems when they understand the myriad issues involved in its use."

Unfortunately, seniors are moving out of the newest/nicest 6 bd I have and actually covers 2 full mortgages in rent, I am just getting significantly less hits on Zillow even with premier. 

The thing is, once you’ve proven you can deliver on a promise..whether that’s a strong return, a well-managed property, or even just a handshake that means something..people don’t forget it.You’ve hit on a crucial point: great returns aren’t just numbers on a sheet; they’re invitations.

Secondly all DSCR should allow you to close in the LLC without a rate hit.If you are going to take out any cash through a refinance in less than 1-2 years be careful of how many years they try and hit you with the Pre-Payment penalty. 

What we do to make up for it is create a private bedroom listing to hit a different target audience to fill in some of those vacancies.

You can take any amount you want out of that profit but realize you will be taxed on anything that hits your personal account.