For example, we have a minimum rent we're aiming for when we manage other properties because it's not worth it for us to manage a small property.The ideal client is someone who truly wants to be hands off and hire an expert to manage their MTR.

In that case, you’re living for $2,000 a month—while building equity in the home, benefiting from potential appreciation, and taking advantage of valuable tax write-offs!

That helps you recover some of the money so if things proceed to a lockout, you're not as bad off financially.

If anyone has an end lender that has successfully closed a handful occupied padsplit loans and can underwrite based off actual padsplit rents I would really appreciate an intro.

The easiest thing to do is for the seller to contact the title company, pay the lien amount to title company, the title company will pay the lien off and obtain a release of lien.  

There should be a class action law suit again multifamily mindset that has ripped off so many people and tore their lives apart in a horrible way.

:) Well, if the planes take off and land from east to west, buying a home that is north or south is not directly in the flight path. 

It seems as though it'll be paid off before you know it. 

More importantly, does anyone have an outlet that will appraise the property off of an income-based approach appraisal and not sales comparisons?

I think it would appraise between 100k - 115k based off latest comps but it is a hard town to comp for.