Hey Andrew: The Freddie Mac Small Balance Loan (SBL) and Fannie Mae Small Loan multifamily programs could be a good fit for a project like this.

A PM offers so many additional services in addition to things you cannot do yourself - like simply having a 3rd party between you and the tenant.

But, a lot of people like that.

That is like walking into the store to buy juice that is for sale for $5 and paying them $7 for it because you want to pay more than what the juice is worth.

I'd like to see less censorship as well.

Yea they would keep that in place and you'd get a second position mortgage for the rest at, well, higher than todays rates.

Can you imagine what that review would sound like?

From there we identify properties that could have some potential and if you are interesting in diving deeper, 1) we do a thorough video walkthrough to give you a realistic look of the property, 2) we give a ballpark estimate of rehab costs (we do 40 a year with our GCs o we will get pretty close), 3) we talk through market rent with our property management team, ARV, and potential highest and best use.Ideally you find great investor agents who know their market really well and have a network of resources to provide you with enough confidence to take reasonable action. 

I highly recommend a well-qualified REALTOR who works with investors and knows how to help you best.7.

Ran into many problems with contractors along the way, paid for some material twice as well as some projects to be redone.