This does not mean that commissions will be reduced.

Hey @Allan Pan, A lot of times my clients and myself included have a hard time setting realistic expectations, and/or accepting "ideal scenarios" don't exist.

Subsequently, we discovered multiple leaks in the roof, resulting in water damage, including mold growth in our closet.

We have at least 2 rehabs under our belt but this house needs literally everything including some foundational repairs.  

I've included an example below to help illustrate this.So different lenders have different rates (which do vary even for DSCR loans) but these are factors they all consider.See example below:DSCR < 1Principal + Interest = $1,700Taxes = $350, Insurance = $100, Association Dues = $50Total PITIA = $2200Rent = $2000DSCR = Rent/PITIA = 2000/2200 = 0.91Since the DSCR is 0.91, we know the expenses are greater than the income of the property.DSCR >1Principal + Interest = $1,500Taxes = $250, Insurance = $100, Association Dues = $25Total PITIA = $1875 Rent = $2300DSCR = Rent/PITIA = 2300/1875 = 1.23DSCR lenders generally let you vest either individually or as an LLC.

If for example you reduce the rent and remove a concession (e.g., last month's rent free)), and someone starts an application at the old advertised higher rental rate + concession but then completes the application after the change (lower rate and no concession), is there a rule for which you must honor? 

People who don't own dogs casually call about a dozen different breeds "pitbulls," including some boxer mixes.

I am including an itemized list of repairs next page.Thanks,Dear [Tenant],This letter is regarding your security deposit of $X for the property located at [address] for the lease period of Jan 2023 - 2024.I am deducting $X from the security deposit for charges listed in the Resident Responsible Charges document.

A reduced down payment while using an FHA loan for house purchase may enable greater money for upcoming costs or investments.

To reduce risks and take advantage of opportunities, modify your investing plan as necessary.Overall, investing in rental properties in the Houston market can be a rewarding venture with the right approach, diligence, and mindset.