I have similar questions but I'm also wondering if the margins in PM are worth it?

We would like to get started with our first rent home, but with the market in Dallas-Fort Worth, Texas I am having trouble finding good margins.

.- thanks   1) on the  1st mtg  refinance proposal at 4.1%  -  sounds like they are  offering you the  higher note  rate  so they can  absorb  some of the closing costs .....make sure you get a loan estimate and  review the details about them picking up all costs  ( titel / escrow / recording /  credit  etc ...)    2)  also  check the  index / margin and  caps   on the new  loan  offer   and  compare these to the  present loan  details  ...if you  keep this loan past the   rate/ payment  adjustment  period - you want to make sure  you  are aware of  how the ARM  can  change   3) the offer  to  do  " free  "  refinances in the  future  is  no  big deal  beacuse  any lender  can offer this  via  a higher rate  to  absorb  all costs 

It reads to me like your desperate for a builder and think they should clear bizonkers margins. 30% net is a BIG profit margin for a builder.

The deal had a very healthy spread and I buffered my budgetary numbers by a significant margin as there are always skeletons in the closet, with the intent of having a GC get there ASAP. 

There were about $9K in back HOA fees due but the profit margin was so high that was no big deal. 

Values have definitely gone up but the rental market has not quite caught up.But yes, at 5% down, my margin is tiny.

This could indicate a premium market with potentially higher profit margins on flips.Housing Structures: Zip code 13224 shows a high number of multi-family structures, particularly those with more than 50 units, suggesting a potentially saturated rental market or a demand for apartment living.Market Outlook Combined with Google Search Data:13224: Witnessing a notable 53.7% surge in median sale prices for 4-bedroom homes and a 19.7% uptick for 5+ bedrooms reflects a buoyant market for larger residences.

@Zeke PalmerIf you aren't planning to hold then I would invest in Cleveland/Dayton where the margins are a bit better

The reality is that a property properly renovated to a high level and eliminating deferred maintenance that is also managed at a very professional level, can and will outperform a marginally renovated property with marginally good management.