yeah, and it would be one thing if they said, if you dont out perform you get a refund or partial refund.

Look up how many pro athletes who clocked 7 and 8 figure annual incomes, went broke.

We own a mid term rental in Temple that has performed very well.

A loan commitment letter carries more weight as it confirms lender approval, signaling a stronger ability to close.Addressing Closing Concerns: A commitment letter meaningfully reduces concerns, especially when paired with proof of equity and a track record of performance, even if on smaller deals.What Brokers Look For: Key factors are a reputable lender, clear terms in the commitment, and evidence of funds for equity and reserves.

I will answer as it relates to traditional BRRRR, in the general case there are additional options.  1) Do not perform maximum cash extract.  

Use the actual NOI, not the pro-forma b/c that is how the property is ACTUALLY performing.

I am very happy with the performance of my portfolio - all my properties are between a 10-13% cap rate.

If you and your husband can perform the same line of work in another state like Florida, Texas, Nevada I would move out of CA as soon as possible. 

Again, these are normally in the lower tier  neighborhoods that rarely perform on resale as their appraisal may suggest.

I am a student athlete at Michigan state university and am planning on starting my investing career with my first house hack.