The property prices are more reasonable compared to many other markets, and there seems to be a healthy demand for rental properties.

You are providing the seller a convenience1) The deal will not fall through because of financing contingency2) You can close faster than those neeeding financingIn exchange, the seller gives you a reduced price.

Here's a high level average cash flow calc for a few different property types based on what I'm seeing.Apartment/Condo (2/3 BR, 1/2 Bath):Purchase Price: $350k Mortgage Payment: $1550/monthProperty Taxes: ~$1600/yr or $134/monthMaintenance Fee: $700/monthProperty Insurance: $125/monthUtilities: $300/monthAssume no maintenance/capex reserve since Condo. $140/month vacancy reserve (5%)Rental Income: $2800/monthCash Flow: -$134/moTownhouse:Note: Looking at low price units on the market for < 7 days to possibly get more value / minimize mortgage paymentsPurchase Price: $450kMortgage Payment: $2150/monthProperty Taxes: $1900/yr or $159/moUtilities: $300/monthProperty Insurance: $125/monthMaintenance (5% rent) + Capex + Vacancy (5% rent) Reserve: $500/moRental Income: $3000/monthCash Flow: -$232.64Detached Home - Single UnitPurchase Price: $600kMortgage Payment: $3193Even if I can get $3300-3400/month for a 3-4BR home purchased at $600k, maintenance and reserves will cause it to be negative cash flowDetached Home - Two UnitsPurchase Price: $700kMortgage Payment: $3831Property Taxes: $3500/yr or $292/moUtilities: $300Property Insurance: $125/moMaintenance (5% rent) + Capex + Vacancy (5% rent) Reserve: $860/moCash Flow: -$608.57Are any of my numbers way off?

But this is exactly what a good lender will do - recognize this issue, understand a viable pathway forward, and then fight for it internally and externally. 

And in the case when they were able to do it the process wasn't quick and straight forward, that is why Solera is my top recommendation for clients. 

On the pricing page, it's mentioned that PRO perk is to get free RentRedi software, but on the member perks page, it's only a 40% discount.Has anybody successfully gotten the free rentredi usage?

Purchase price: $106,000 Cash invested: $43,000Fix & Flip, Sell and cash outWhat made you interested in investing in this type of deal?

As Avnos scales up its operations, this technology could have far-reaching effects on both climate action and economic development in Kern County and beyond.This pilot project represents a significant step forward in the fight against climate change while providing tangible benefits to the local community, setting a precedent for future initiatives in sustainable technology.

Yes, 3+ actually.Are the median home prices actually reasonable?

The appraisal just came back and I’ve got instant equity because the appraisal came in higher than my purchase price.