But you do need to continue to make sure that you future rents will be cash flowing to keep your entire portfolio above the coverage ratio.

Hey bigger pocket fam,I’m working out my first deal that I’m excited about but the hurdles keep coming.

Welcome aboard and keep up the good work Rodeana!

Find architects or designers, engineers of all types, general contractor, etc. to design the project, and know how to keep the design where it's functional, cost effective, but has appeal.

It should be done in march so I’ll keep you posted.

You could make it your mailing address for a year and keep it empty, which should satisfy that requirement. 

Treat them well, but keep a professional, happy distance.As a teacher, I feel like many young teachers make the mistake of trying to be the "cool teacher" and it gets them in trouble. 

I know it's a lot all at once but just keeping going 

Something to keep in mind when you are looking for stabilized loan options for the long term. 

This scenario doesn't bode well for a 4k, 2 bedroom townhome in a nice location but not the hot spot where the action is walkable.Sell if you can and look for a better opportunity to invest.I have 20 rentable units.......all considerable lower cost than yours and I am finding it harder to keep the rents I have now.