I was under the impression I had to start an LLC ( for protection) and get a bank account set up first... at least that was what Pace Morby was saying. 

It states that the deposit will be "paid before move in" To this effect the tenant could pay the day before move in leaving me waiting weeks with the threat of them backing out at the last minute. 

They’ve secured low rates and rapid equity increases due to the last few years of Fed/gov intervention.   

Last but not least, my business partner Chris just mentioned to me this website which it seems to be pretty accurate in terms of market rent. https://www.rentometer.com 

The last full gut we did ~1600sqft rowhome was $125k with permits.

I purchased a duplex in Carlsbad myself last month...interest rate wasn't great (mid 7s) but they could be worse I guess and I can't wait around hoping they'd come down.

I got my first rental with negative cashflow last year.Property price 241k, loan balance 232k Tenant pays rent 1,800$monthly payment 2,050$Spent 5,000$ on improvements.Property appreciated from 241k to 255$ this year.I am not sure whether I should sell it this year or keep for appreciation purposes?

:Class A Properties:Cashflow vs Appreciation: Typically, 3-5 years for positive cashflow, but you get highest relative rent & value appreciation.Vacancy Est: Historically 10%, 5% the more recent norm.Tenant Pool: Majority will have FICO scores of 680+, zero evictions in last 7 years.Class B Properties:Cashflow vs Appreciation: Typically, decent amount of relative rent & value appreciation.Vacancy Est: Historically 10%, 5% should be applied only if proper research done to support.Tenant Pool: Majority will have FICO scores of 620-680, some blemishes, but should have no evictions in last 5 yearsClass C Properties:Cashflow vs Appreciation: Typically, high cashflow and at the lower end of relative rent & value appreciation.

At the last meeting they are still expecting 3 rate cuts this year.

Until last week.I always thought a legal contract is a legal contract.