If something breaks even now, what could it look like in that time period with rising rents, possible refinance if/when rates go down (lenders are offering these with no fees!)

I looked into the maintenance option years back to discover a trend of:  apx. 8% monthly fee which only included rent collection (everything else from maintenance to turnovers etc, extra, and poor reputation on repairs.)

The right attorney on their side can put you in a position with legal fees and everything else until you are just forced to settle.

Right now, I’m seeing max LTVs closer to 80% on purchases, though before COVID, we sometimes went up to 85%.Also, keep an eye out for lenders who promise amazing terms but demand large commitment fees upfront.

@Florian N.At an upset sale, what @Ben Corby buys is the fee simple interest in the property subject to any existing liens including Ocwen's mortgage.

You can probably beat $2000/year insurance, but the management fee should be 10%, you need to factor in turnover too and 5% is probably not enough for both maintenance and turnover and I assume you added it, but you didn't mention property taxes (which have been terrible in Jackson County lately since Frank White decided to jack them through the roof). 

So, we require a nonrefundable Retainer Fee for 90 days of our time to find a rental property.

Eventually, I realized that if I kept waiting until tax time to organize my books, I would never escape the stress (and extra CPA fees).

Assume that i got margin with IBKR their calculation shows 5.4% and costs 21.8k per year for 400k.So assuming property is 700k with conventional loan and 670k with cash offer.I manage to find another 270k (this is what I'm asking) without paying any origination fees.

Or would it be minus realty fees and closing costs as well?