Look for something that needs cosmetics work, such as new flooring, paint, cabinets, etc, as this will help build value and get the most rent.   

Then what we do is look at yout income after the New PITI payment to see what program to use traditional or DSCR for the investment.

The biggest thing I see new investors do, which JD calls out in his response to me, if you are simply going to invest in the deal with highest projected yield, you can generally assume you are taking on the most risk.  

Hello everyone, I am a new user on this platform and joined because I am interesting in investing in multifamily and connecting with experienced investors.

Zac, Mitchell, and Anya are having fun seeing both new and familiar faces in Santa Monica right now.

And can I get away with only getting permits on new electric & moving plumbing, but demo,  erect walls myself and things like that?

I'd recommend reaching out to Jordan Wildman with EXP who's a local real estate agent and investor in the Fort Wayne to get started in the market.Fort Wayne offers a number of different investment options from older multi-families (more labor intensive) to new construction build to rent.

One thing to look out for is how much rent the tenant will be responsible for versus how much section 8 is responsible for...although that can quickly change if the tenant gets a new job.

My son is getting ready to buy a new house and this was suggested by an agent.

If a flip doesn’t sell immediately, it’s possible to rent out the property and generate consistent cash flow while waiting for market conditions to improve.Infrastructure Growth: The city is also seeing improvements in infrastructure, such as new development projects and expanded amenities in up-and-coming neighborhoods.