David, do you have any comps on recently sold properties of similar age, size, and composition?

He did the dirty on us with Deon ages ago.

They may need to write up a new lease, schedule a signining, check for any changes with the tenants - such as change in employment, change in number of vehicles, tenants now are age 18 that need background check, etc.

@Eric Gar - First, whatever you do, I hope it is based on defined (and preferably documented) criteria such as credit score, income, pet policy, past evictions, and references and not on age or familial status.

(Also, AirBNB verifications are a joke.

Find out his motivation and you're one step closer to crafting a solution that works for them.If they are retiring and depending on their age, they will want a guaranteed income stream and not a large cash out.

ok so iv never bought a house before to hold on to, and i just want duplexes to quad plexes, now i know i can only go so far with a bank, so my question is what is the best way to buy and hold with maximum profit, i dont know anything about buying and holding really but my goal is 300 properties by age 40 so i need some help.

(bought it for 36k)I believe you need to be a card member to get the loan and yes good credit is needed along with some income verification, but thats pretty standard with any loan worth doing.

Depending on the age of the property, 6-10% of rent is what I use for repair reserves.

If you get the -right house (floor plan, quality of kitchen-bathrooms, age of systems - roof etc), -attitude of the seller-landlord, etc(is the seller open to help a tber buy the property, being patient over 2 - 3 years), -right neighborhood (services, low crime, great schools, etc), All these factors create a GRADE A Product.