Would love an opportunity to pick the brain of someone who is seasoned in the game.

Would love an opportunity to pick the brain of someone who is seasoned in the game.

A delinquent tenant on month one is indicative of poor screening. 

We picked up the home for a large discount as the estate wanted to close the deal.

If you had to pick a market in the PNW to invest in a long-term rental, where would it be?

I've had smooth loans close with Kiavi and I've had rough ones, same with Roc.When Loans start to be troublesome:1) The borrowing entity docs are a mess2) The appraisal numbers are lower than expected3) Messy background reports4) Loans happening in an environment where market/rate fluctuating unpredictably 5) Your loan officer and their team are poor at their job6) Title issues that depend on county docs, that can be slow and painfulThere's more but it's Friday and I'm tired....

I’d hold the PM accountable for poor oversight—they should’ve been more proactive.That said, it’s also important to weigh the long-term relationship with your PM.

They did poor due diligence and a poor business model.  

Sellers who are in financial distress or dealing with a property in poor condition might be more open to this type of arrangement if it helps them get back on their feet.The key to making this work is transparency and clear communication.

Picking up flexible part-time jobs to qualify for a mortgage is definitely a smart move, as conventional lenders typically look for consistent W2 income.