For anyone that hasn't used Doorvest, it's a simple website where you put a $1000 deposit and they send you curated list of houses they buy that need renovation, renovate, and then tell you a final purchase price along with guaranteeing things such as first year rent will be 100% covered by them even if they don't find tenants.

I’ve noticed that most local lenders offer loans starting at $75K and above.

I had a lot of luck with ASI ASI and Safeco early in my journey, and then I stumbled upon a different class of insurance companies that are more geared towards investment properties.My policies are currently underwritten by SES and they have been great to work with and very geared towards the investor.My insurance agent is a sage source of counsel on the subject and I bet he'd be a good resource for you if needed!

I have two LTRs out of state that are managed by a local, fantastic property management company.

If you have a move-out every year, that would amount to a vacancy percentage of 14.3%; two divided by 14 (12 months tenancy, plus the two vacant months).

I will also preface the conversation by stating I am not planning to invest in the example below as I'm still working to build my capital and have a newborn.

:Intriguing model – Fits the niche of offering a housing alternative that is cheaper than a studio apartment.

The inspection is a 5-10 minute walkthrough by a vendor who will take pictures of every room and identify any issues for you to address.If there are issues, you typically have a week or two to get them fixed without there being an impact to you.

Then divide that net cash flow by your total cash invested.

And the quality of their services.. not all closers are created equal They will probably keep closing them until there is a regulatory intervention by the state AGs office.