Yes, having tenants pay ACH via a Tenant Portal software is best, but not all will cooperate and some will play games that result in NSF charges.We allow tenants to deposit cash/check/money order directly at our bank into our account.Many Class C & D tenants have challenges adapting to unfamiliar ways to pay and is often not worth the hassle (and possible evictions) to get them to change:(

So, while it’s possible, it’s tough to find deals that fit these strict criteria.

I would push for very low or no money down but having a Realtor that needs to have their fee paid it may still not work.Look up the owner if possible through truepeoplesearch.com and call them up directly.

Our integration with LeadSimple is the only thing that makes it possible to manage 700 doors with RentVine, but recently we have been having issues with data such as lease end dates not syncing creating issues with renewal process etc.6) Branding.  

This can put a significant strain on your finances and cash flowThey also often require a large down payment themselves and may have a strict repayment schedule that can be difficult to meet, especially if there are unforeseen circumstances or delays in renting the property or generating income from itIn addition, relying on this type of loan may expose you to higher financial stress and the possibility of default if you are unable to meet your loan obligationsThe final decision depends on your overall financial situation, risk tolerance, and your ability to manage the associated costs and obligations

I'll also be attending the Momentum2025 virtual event next month.I'm trying to take as much action as possible but I know the ultimate action would be to close on my first rental property.Here is my question for everyone. 

In answer to your question- Yes, I hope to buy and hold here and flip when possible.

@Veronique Leroy I would say it is possible if you force equity, hold for a few years and then sell and then average the return of the whole profit over the timeframe of deal.

By working with a high-performing team, you can absorb as much as possible.

Downside is possible foreclosure but upside is having interest/control over more real estate at pennies on the dollar(55-65% of ARV).