Second only to fixed costs of operation which disproportionately impact the lower cost properties often leased to subsidized tenants (also rarely represented correctly on spreadsheets pre-purchase).

What this leads to is higher purchase prices but also higher rents in these areas. 

Of course, it always depends on what your purchase price is and Dayton does have cheap homes! 

Asset sold was mainly transfer of client list and contracts.Does it make sense for me to seek out a note purchaser?

@Aristotle KumpisWe do 10+ Flips/BRRRRs annually and fund with Hard Money and Private Money.Hard Money will fund 90% of the purchase price and 100% of the rehab on a draw schedule.Our Private investors will fund the remaining 10% of the purchase price, the first portion of the rehab (to be drawn later from the HML), and the holding costs.Of course, with private lenders, you must give up equity or a return on the debt.

Was previously purchased with a Builder to erect a SFR residence on.

I am wondering for those who have an LLC for their rental properties if they are purchasing properties with the LLC or if they are purchasing under their name and then transferring to the LLC?

Yes quite a few of our 5,000 options have rate and term or purchase!

The buyer ended up buying and reconverting to a single family, and doubled his purchase price.Yeah, that's actually a really good and in-the-now viable strategy. 

However, due to keep purchasing real estate, my DTI is high and close to 50%.