If so, this property is going to be very slow to provide decent cash flow  - at that price, $125k, it shows poor historical appreciation.  

Also says if you didn’t provide a written checklist at move-in you automatically lose.

Coming here, having people take time to provide expert advice and not having the decency to bring their azz back to even read it is insulting to me. 

Absent a clause in a trust that provides for a beneficiary to designate powers of sale (or will, if that’s the controlling document) then you are just an interested buyer party.  

POH homes can provide a huge lift in NOI depending on rental demographics and home maintenance costs. 

My company, 1031X, is a nationwide 1031 provider.

Hi Ayyoub-Great question and I am right up the road from you in Ann Arbor.Certainly, getting a conventional loan may provide slightly better rates than an investment loan like a DSCR loan.However, if you are buying income property you can use the income to qualify for the loan with a DSCR or Debt Service Coverage Ratio loan and not so much your personal finances like a conventional loan.Basically, you need three things.1.

I also provide an emergency line so they can reach us if they require an immediate response.

They’ll provide more value.

My plan is to self-manage the property and rent it out by the room, and I believe your expertise could provide invaluable insights to help me navigate this venture successfully.Specifically, I'm seeking advice on the following areas:Property Management Software: I'd appreciate recommendations for property management software that would streamline my operations and help me stay organized.Bookkeeping: Could you provide guidance on best practices for bookkeeping in rental property management?