The tenants debt is about $1600 and goes up by 10% every month because the property manager keeps the late fee. 

Bought it for 28k rehab it for 40k and is rented for $900.00 to one of the best tenant I have.

As a part time agent, I have been very impressed with the space and flexibility I get when I need it, but also the support that is readily available when I need it.If you send me a message I can get you connected with our team, and I can share our calendar.

The first thing we noticed overnight was the platform's speed, which increased drastically, as well as the new customer support who were checking on us consistently (which was a new thing), so things were turning out for the best, and we were making 1-2 deals a month out of that. 6 months ago, 10 DLC was getting approved in 3-5 days instead of +10, and we upgraded to the managed plans, and had a person manage our accounts, and were able to get to 3-5 deals.

@Ray HageI agree as I would stay away from condos as between special assessments and increase of fees, what is the risk vs reward.Many of these buildings are run by people who are not property managers or have development experience and lack the knowledge to properly run the propertyAlso many don’t realize that on older buildings your initial estimate will be 30-50% less once the work starts, especially on older concrete buildings that are susceptible to deterioration due to the weather in these areas (especially the salt)

As an MTR I can get $2,200 but I need to pay an average of $200 for utilities and an extra $100 for vacancy reserves (I self manage so no increase there).

AND I would never put in new hardwood floors for a renter.

This can be hard to manage if you have a larger property with a regular size washer.

This single-family home sits on a 1.5-acre property and is 6,400 sf, six bedrooms, five bathrooms, a pool, a hot tub, and an expansive balcony.

JD manages a team of investor agents who source & underwrite STR deals.