I sincerely wish you the utmost success in your future endeavors - and as per our moto - LETS CLOSE MORE DEALS!

I am attempting to work with a property manager but I'm seeing a read flag and would love some input.This company wants to charge a 1 month placement fee for a new tenant, which I am totally fine with but also is saying they would charge me that fee AGAIN when the tenant renews their lease the following year.

This is my first attempt at running an analysis of a Duplex I am thinking of purchasing for BRRRR.

Now, I’m reaching out to this circle of experts to seek guidance for my future endeavors and aspirations.I’m a 22-year-old recent graduate from the University of Massachusetts Amherst.

Finding a good script or preparing one will likely help you with this endeavor.

Agreed, in 15 years I've never really attempted to go after the wage garnishment, but now I'm looking at the option to see what the process looks like. 

They all lead to a significant negative monthly return due to one or more of the following reasons:1) Asking Price is too high2) Traditional loan rates (FHA and Fannie Mae) are too high and affect total debt payment3) Existing rents are too low, so loan underwriters won't approve.4) Market Rents aren't high enough5) I would like to use the minimum down payment with FHA (3.5%) or Fannie Mae (5%).So, from all of these attempts, my understanding is the only way to make a house hack work in this region where I would at least breakeven on a monthly basis, is to purchase at a significantly lower price, lock in a nice creative deal or bring up my down payment to at least 20%.

Here is the property I am interested in, and have attempted running calculations on:https://www.realtor.com/realestateandhomes-detail/318-E-Plum-St_Mankato_MN_56001_M76689-72127?

I would Not do what I did without help and attempt it alone.

I think another element, especially in major cities, will be an attempt to lure tenants through better amenities, competitive rents, and employee-incentives.