![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/2800980/small_1736472821-avatar-marttie.jpg?twic=v1/output=image&v=2)
17 January 2025 | 22 replies
Can try to reposition to Class B, but neighborhood may impede these efforts.Vacancy Est: Historically 10%, but 15-20% should be used to also cover tenant nonpayment, eviction costs & damages.Tenant Pool: majority will have FICO scores of 560-620 (approaching 22% probability of default), many blemishes, but should have no evictions in last 2 years.
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/3169772/small_1736903593-avatar-kodyg12.jpg?twic=v1/output=image&v=2)
16 January 2025 | 6 replies
Personally, I bought a 3 bed single family home soon after starting my job and had two friends from college rent which covered my mortgage plus a little extra.
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/367030/small_1621447000-avatar-sarah_l.jpg?twic=v1/output=image&v=2)
11 January 2025 | 49 replies
This is because they're much more expensive than other countries in the region and, unlike in some other countries in the region Costa Rica doesn't have the mass tourism needed to get you the rental income that would justify those prices.This being said, it shouldn't be hard for you to break even though since all you'd need to do for that is cover your costs.
9 January 2025 | 0 replies
Such deductions could result in substantial refunds, providing critical financial support during a challenging time.Residents may also explore disaster loans or grants offered by the Small Business Administration (SBA) to cover damages or losses.
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/2885434/small_1728139774-avatar-najehd.jpg?twic=v1/output=image&v=2)
15 January 2025 | 12 replies
Taylor sent multiple email inquiries to our insurance provider asking what risks their policy covered.
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/172799/small_1621421457-avatar-bighomebuyers.jpg?twic=v1/output=image&v=2)
13 January 2025 | 17 replies
If I use a RMLO service I assume they cover the Dodd Frank and other consumer rules?
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/1921219/small_1621516709-avatar-paulg340.jpg?twic=v1/output=image&v=2)
11 February 2025 | 31 replies
In the meantime, the funds have been reducing or suspending distributions to pay for value-add, cover increased costs, and to prepare for any required refinancing.So it will be a balancing act of dealing with the increased costs, managing refinancing, continuing to add value while waiting for valuations to rise significantly (partly from value-add, partly from lowered interest rates) before exiting.Disclaimer -- not advice, just some perspective on what's happening.
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/3093546/small_1734143772-avatar-garrettbrownre.jpg?twic=v1/output=image&v=2)
11 February 2025 | 30 replies
I would love it if someone developed software that automatically changes the cover photos and tracks impressions and conversions.
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/3138281/small_1729731863-avatar-jefferyj39.jpg?twic=v1/output=image&v=2)
8 January 2025 | 11 replies
**Tenant Screening**: The Section 8 program will cover a tenant's rent, but that doesn’t mean you should skip tenant screening.
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/2145103/small_1735774216-avatar-krist24.jpg?twic=v1/output=image&v=2)
8 January 2025 | 9 replies
If multifamily properties in your area are priced well, it might be worth moving forward sooner rather than later.Risk Tolerance: Since you’re the sole provider, it’s crucial to ensure you have a solid emergency fund to cover unforeseen expenses, especially during vacancies or repairs.Long-Term Goals: Think about how this investment fits into your long-term financial goals.