I had 3 different long term tenants in this unit over last 13 years, never had any issues.

We want copies of leases and spend hours combing through the intricate details; we want to know the seller’s  “motivation”, we want to know long term economic forecasts for the community, the state, the U.S.  

To maximize the number of transactions you’re involved in you will need to:Be Top of Mind when they think about moving - which requires consistent reminders.Be seen as an Expert – which requires a consistent message and Evidence of Success storiesGain their Trust – which requires communicating integritySo, start out by listing everyone you know in an Excel spreadsheet.Why Excel?

We have been frauded and lied to on financing terms while they said they are a conservative underwriter. 

The transition into and out of LLC was my biggest concern because it might be viewed as a short holding period, but it seems to be fine. 

I'm giving myself a year to learn all I can and save up a down payment for my first long-term rental in my local area.

Google search this term.

Currently live in and work out of, but will be moving out this year and renting both units as short term rentals.

This is a single family home and was originally a primary residence before turning it into an long-term rental.Some strategies I'm considering to grow my portfolio are using a HELOC/1039 tax exchange to purchase a second investment property/multi-family property or refinancing my current investment property into a conventional loan to utilize another FHA loan for a primary residence (with the idea of eventually turning that into another long-term rental).I currently have a 7% interest rate, and am considering refinancing in the coming months if/when the rates drop.

So far I am having little luck finding a provider for this, although I am positive that others have been able to successfully accomplish this.