You can refi down as rates get better for a much better exit fee.

Then you can ask yourself if the tenants meet that criteria.

I know many of us currently rely on spreadsheets and manual checklists, which can be for some tedious process and prone to errors.I’d love to hear from those who are directly involved in the due diligence process—investors, brokers, attorneys, inspectors, you name it.

As you can see, the tenant must pay a portion of the rent and they are often late.

You can always connect to a local realtor here and they would give better suggestions

If you finance a portion of the purchase at a lower rate, it gives you "leverage" that helps boost the returns you can offer investors (and have something left over for yourself), as you won't need to raise as much capital from them.

Go to meet ups in the area, find out all active investors in that market, talk to brokers in the market who have clients looking for capital, attend events that you can network, and look into joining the various communities in real estateGino

You can easily do this on a spreadsheet, and it will take less time to track than finding and learning new software.

My interest rate is 7.1% so my mortgage is $1000 more than what this property can rent for right now now.

A set can usually be bought for $1200.