Quote from @V.G Jason: Everything I've seen has been since before the ruling; the seller is paying both sides. 

@Tayvion Payton to get a better understanding of the loan products, it's best to have a conversation with a commercial loan officer at a local community bank or credit union.On commercial, the number one rule is a deal meeting their DSCR loan covenant, which is typically 1.2 to 1.25. 

Something I forgot to mention is I’ve been in the house since 2017, so the 2/5 year rule shouldn’t matter.

While podcasts, books, seminars, and websites offer general knowledge, you'll buy a specific property in a specific location, subject to local rules and regulations.

The typical rule of thumb which works well is GROSS monthly income at least 3x the rent.

@Jay Hinrichs has posted on that in the past.Many people like to try and hide their identity because of the spotlight effect which refers to how people often overestimate how much others notice (or care about) them, effectively inflating their own importance in society. 

If property is done right even in todays market you can hit 1% rule and attract very desirable college students.

Leverage local experts: Connect with an architect or zoning attorney familiar with Scranton’s rules.

If you do it right, it’s arguably the best market to invest.Purchase: $80k-$130kRent: $1100-$1500 (no rent control in MI)1% rule: .9%-1.4% rule dealsCoc ROI: 5-12%Total ROI: 20-40%Cash flow: $50-$250/door (after all expenses and budgeting for maint, capex, vacancy)Appreciation: 3-10%+ (has been double digit for a decade)Location: C+, B-These numbers are based on the “sweet spot” in Metro Detroit.

It’s also worth diving into local regulations and HOA rules—they can shift quickly in coastal markets like this.