Bottom line was $84,000 additional rent, $29,000 net cost to furnish, no extra operating expense.

We are constantly analyzing our clients' campaigns to determine what designs, offers and mailing lists are working best for what industry, and you benefit from all of that information when you work with us.Feel free to reach out to your marketing consultant (David Scott, 800-628-1804 x258) with any additional questions that you may have.

Exploring creative financing options like portfolio loans leveraging combined property income, hard money loans based on property equity, private money lending from investors, or negotiating seller financing for new property acquisitions could offer viable alternatives to support your investment goals.

That might work for a DP in your market, but you’ll need to consider additional reserves, expenses, maintenance, etc.

@Russell Brazil,I understand your point about DTI, but I was thinking more about the fact that we would exhaust a significant part of our savings to buy the multi-unit first and would likely have to save extensively for a couple of years in addition to what we might cash flow from the multi-unit to have enough to buy our single-family home next.

2 additional questions:1 - If someone responded saying that they are putting the home on the market, would you guys still move forward with the foreclosure process?

Once you grab your first one with a low down / owner occupied loan…you’ll get the itch to buy more and more and will soon begin to creatively find ways to fund additional deals.  3-4 additional properties / 10-15 doors will change your life.  

Provide a comment explaining it.Option B that's what I used many times but sometimes going to C , ask for discounted service and ask mortgagor to add it to the loan.

@Daniel UchimotoThere are some MTR specific sites in addition to Furnished Finders.

I started exploring the market and discovered that the shortages were wide spread.