Furthermore, the types of multifamily syndications we invest in, as well as offer to our investors, are value add, meaning that our syndicators acquire assets (generally off market) at an attractive valuation, renovate the units & common areas, implement well-reputed property managers, and increase rents to market rates, thereby increasing the properties' valuation on exit. 3.Inflation creates further increased costs for construction materials, making newly constructed homes & commercial properties even less affordable (and in less supply) and existing assets more valuable.

Instead of spending all the time necessary to craft a custom application, I would use an existing process through a website like Zillow or many others or at least ask your real estate agent for a blank application.

I also think when you're house hacking you blur the lines a bit between "this is my home" and "this is my rental" and it can be easy to legitimize putting tile backsplash in when it's really not necessary. 

Sheriff sale in PA is without title insurance, you are sending money blind without knowing what other liens exist.

But if a place like that exists Chicago would be near the top of the list : ) In some regions and states you are obligated to consider them, meaning you can't deny them based on the fact they are Sec 8 but you can deny them for other reasons and the fact that their voucher would not cover rent is a generally accepted reason to deny. 

Hey Matt,Yes, taxes are the bane of the REI existence in SC.

As you getting further into your investor career having a pre-existing relationship with a banker will help!

Just be sure to factor in the 1% PMI in your numbers, as this exists for the lifetime of the FHA loanHappy investing!

.- Given the very low rate I am simply considering paying off existing higher-rate mortgages on my rental properties, essentially "refinancing" at a lower rate. 

Median Price: $525,000 +7.14% Yoy - 7ish % isn't unusual, I have multiple ~7% moves since 2016.Sales: 5,344, -10.06% - normal number for September, 2020 was unusually high due to delayed purchases from Covid thus the yoy lossYTD sales: 41,238, +8.36% - highest Sept read I have, houses are selling.Inventory: 5,875, +6.16% - still too low compared to pre-Covid, see stacked chart.New Listings: 6,366, -10.61% - still too low compared to pre-Covid, see stacked chart.YTD New listings: 51,949, -2.47% - prior to Covid we were running 60k+ houses.Months Supply: 1.2, -14.29% - persistently low indicating an unrelenting sellers market, see the Existing homes as a % of households chart, continues to shrink.Cumulative days on Market: 26, -44% - persistently low indicating an unrelenting sellers market