After just one year, when that tenant vacated, FPM charged an additional $2,800 in turnover costs, with $770 earmarked just for touching up paint on a single wall—borderline comical.

Thank you @Marc Rice, I will certainly get in touch! 

Many traditional banks won’t touch them, and even DSCR lenders will avoid them if the build out is done prior the securing long term debt. 

there ya go another Utah based fullfilment and education company. 

Business is based in California but I’m licensed to operate in Texas, Ohio, and Alabama in addition to California.

And not even touching on property value appreciation which 5 vs 1 is an obvious calculous. 

Does it need any rehab/touching up?

Would love to keep in touch and see where you are buying etc! 

Additionally, while rates aren't historically bad right now, they are higher than 4-5 years ago, and they will be even higher for you as an investor than they were as an owner occupant, which is what you were when you bought originally.I get that you are anxious to add to your portfolio, but that could be achieved without touching your first golden goose.Sometimes on BP, the push is to leverage every last spare penny, but that can be a risky game as the markets shift. 

What's up fam I go by JAM. New to real estate investing and would love to learn where to go for the best resources in how to get started. Been doing wholesaling off and on with little success but hopefully more time t...