I, like many used to think “newbies” posted questions or asked for “help” to obtain the best advice from experienced investors, obtain guidance on strategic alternatives, or get a qualified opinion on whether the latest hot guru was worth the $40k price of admission.But, I was WRONG.No, none of those reasons are why newbies come to BP.They don’t want to find out that their “revelation” about how to invest has been tried about 10 million times - with limited successThey don’t want to learn that without capital, knowledge and experience their willingness to commit weekends is near uselessThey don’t want our opinion that they should skip trying to wholesale and spend some time learning as a licensed agentThey don’t want advice that has them taking classes at community colleges or learning real estate law, finance, or principles.So WHAT do they seek when they come to BPThey want comfort, encouragement. and to be told their thoughts are correct.

@Anthony Vander Meer Does the rent include electricity, heat or hot water?

When we reached our limit there we actually did a consolidation loan with a commercial DSCR loan where we paid off 5 Fannie Mae loans with a portfolio lender which opened up 5 more Fannie Mae slots for us.  

So, you use less slots for what you have now.

With it being hot ACs are running all the time so you can have issues with those.

The buyer grosses up the offer to include the commission funds, allows them to add it to the mortgage.But, at the end of the day, the grossed up offer number still has to appraise, which makes it tough to ask for seller concessions in a hot market.

The other route I like is investing in hot markets in STR's, we're halfway through the summer right now.

In terms of up and coming locations....If you drop a pin anywhere in Middle Tn it's going to be a "hot spot" in the near future if it already hasn't become one.

I was there last week, that place is the hot bed of high tech lol

Let’s just pray that we don’t get a “hot” inflation reading between now and then.Average 30-year mortgage rates have broken convincingly below 7%.