And, as mentioned after 3 years you bring up 3 years with no increases and rents closer to $2,400/$2,600/whatever market rent is  You’re literally factoring in deflation of rents.

We have LLC and we've done one flip, and a novation deal - both profitable.

My area has a strong economy, high rental rates, and a very large military and civil service presence.

Currently have 4 rental properties and a good amount of equity which could allow me to break into larger real estate (multifamily, self storage, luxury str).

I would love to talk sometime, I’m very eager to find others with experience and a willingness to share their experience.

With the new STR laws in Chelan County putting lots of restrictions on STR owners, occupancy limits, and a cap on the number of STRs in certain areas it is very difficult to get into the STR market here right now.

Our franchise and a couple neighboring ones grouped together I believe. 

I am issuing her a 1099-INT, and a I have had some tell me that loan points paid should be included on the 1099-INT, and others tell me that loan points should not be included as they are not actual interest.

But if it at least has a Walmart and a handful of other national chains, then you might have a prayer. 

Appraised for more than he was under contract for, credit came in solid, and a week before closing they informed me they don't lend to first time investors.