Is there a cap rate that is too low for you to consider i.e nothing below a 4?

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@Kevin Lefeuvre I'll go against the grain and say I don't mind a few 4-star reviews here and there as it makes the reviews look authentic.I only question anything below 4-stars.Note: Anyone can post fake reviews on VRBO and as of now VRBO is not flagging it..

Then we’d have them rent from us at an IRS-acceptable reduced rent (20% below market rent) which would provide more secure housing for them as we’d never evict them and trust them with our property.

I'm about to write my first purchase offer and have a question.If the current rents are $200-$300 below market, how much is too much to raise the rents upon purchase?

In Brooklyn, the standard minimum credit score is 680 and not a tad below, and minimum income requirement of 36 x monthly rent.

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Is it permissible to use the de minimis safe harbor election and expense the renovation costs that fall below $2,500 instead of capitalize them?