This would be a 3 bed/2 bath in a good appreciating location. 

Look, we’d all like to search the internet, find a deal for sale, analyze the property as having a great cash flow at current interest rates, with lots of upside potential in a gentrifying market.  

Quote from @Celine Besson: Hi everyone,We recently moved from Memphis, TN, to Montreal, Quebec.Before leaving, we planned to invest in a small house, renovate it, and rent it out (Ultimate goal would be to BRRRR).

I currently work with investors in a few markets in TX and outside of TX on creating a turn-key portfolio and helping them manage on the back end. 

I'm not sure how and what to look for in a lender that would take the property as a down payment or what step I should take first.

In a  Dplus area, 2nd floor unit, considering installing LVP. 

The outcome has resulted in a short term rental that has way outperformed what we anticipated.

You need to have reserves in either cash or credit regardless of the situation. 20k can go away in a blink.

You are required by law to send  1099 to the government, and to the vendors if you have payments of $600 or more in a calendar year. 

Similarly, if you put several Class D tenants in a Class A 4-plex, what do you think will happen to the property?