Who would you use to go in your place for the initial viewing of an out of state property?

I've had my initial consultation with Royal Legal Solutions and am scheduling a consultation with Anderson Legal.

Purchase price: $272,500 Purchased a 4 BR, 2 Bath Home (Built 1992) initially for the family. 2100+ sf, screened in pool, storage shed, 2 car garage.

Check your initial loan docs and this type of language should jump out at you.

As with a lot of landlording, the devil is in the initial screening.

We charged forth with a home but stumbled when we learned our initial tax obligation calculation was $400 a month lower than reality, crimping our DTI and mortgage figures.

After a year cont'd, Look for new duplex to move into and repeat the process however using only a % of the intial properties equity for downpayment (the other % goes to a 20% down payment on a non primary residence investment loan) From my understanding, since the initial FHA was refinanced to a conventional loan, I should have no issues getting the second FHA loan(or try 5% down conventional loan if thats more beneficial)

Negotiations of the final purchase were based on comparable price/sf and cap rate for the area, as well as anticipated deferred maintenance that was estimated during the initial property visit.

I’m hoping for a 0-4 unit A/B FHA.I have an apartment lease that ends in May and am currently relentlessly scrolling Realtor/Zillow and practicing analyzing with DealCheck.I’m realizing a deficit of on-market deals and ALSO realizing a need to pursue off-market deals via networking with clients at my job, accessing tools such as Propstream and initiating local landlords in the area.I’m curious if anyone has any insight or encouragement to share about this “stage” in the process and how you have found success and/or breakthrough.Warmly,Nic

- Initially removed problem tenants, renovated four units, and raised rent.- Future plans to add one unit and raise rent on former property manager by $450 per month.