Investment Info:Single-family residence fix & flip investment. 176 Wildwood Road is a single-family home located in Sag Harbor, NY 11963.

@Sean Dillon figure out how to buy a 2-4 unit with FHA loan.Then rent at least one of the units long-term for stable cashflow.Try STR in another unit as well as the other bedrooms in the unit you live in.You may even consider living in the basement, attic or worse unit in the building to rent everything else out and max cashflow. 

It is often much lower than rent O meter because rent O meter is pulling data from the advertised price, not the rented price.

You'll find much greater difference in $$$$$ by refining your location/rehab/vacancy strategies instead of worrying about "how much it costs to borrow money" in this environment.Nearly all of my clients are more concerned with a simple and headache-free funding process, than the "lowest rate."

That is what our team at Rent to Retirement has been helping investors to do for a decade now with BP.

What is it rented for or what is your expected rent?

I use Rent Redi and it is good.I also use Excel, Zelle and Zillow which are all free or I already have them.

It normally takes 5+ years of rent increases before you feel like you are doing ok. 

If rent is due on the 1st and late by the 5th, apply the late fee on the 6th and serve a 3-day notice immediately.

@Aubrey Eblin Thank you very much for sharing your experience with the Rent To Retirement Academy.