I started acquiring buy and holds with my business partner last year and we are up to 15 units.Lately I have been really focused on moving on from my W2 job and expanding the business we have.

The last 3 properties I bought were actually in almost move in ready condition.

You probably already know all this, or at least should but the last paragraph under landlord must give 30+ days notice (all must end at month end more than 30 days out, not exactly 30 days.) says there are legal requirements for tenant’s to give any notice.

Last night I spoke with the heir through an interpretor.

I did that when I built my modular home in Alexandria last year.

In the last years, the rent amount on a BRRRR property has become the defining factor for the loan amount.

The word "and" is carrying a lot more weight in this definition than they want to acknowledge.

Can try to reposition to Class B, but neighborhood may impede these efforts.Vacancy Est: Historically 10%, but 15-20% should be used to also cover tenant nonpayment, eviction costs & damages.Tenant Pool: majority will have FICO scores of 560-620, many blemishes, but should have no evictions in last 2 years.

It sounds like a lot of people responding have not tried to sell a house in the last 6 months.

I have to sign it before the last draw is released.