I am aiming for a home between 150-250k, which i can afford if all hell breaks loose, at a 5% conventional 30 year term loan (unless a lender or someone else can suggest me a better loan) My question is what are the minimum requirements for obtaining such a home (capital wise, credit score wise, salary wise) Who can i specifically talk to for these numbers and help me understand tenant demand, areas, and more specific information about my market?

I'm doing some work for a client who is looking to do the same, though not specifically near the Clinic, as you can reach people at any of the three health systems without being directly near the Clinic.

I too have wondered about connecting with a mentor in this space and what those who are more experienced would suggest for getting started specifically in the market which I live.

I was hooked, and I haven't stopped learning and growing in this industry since picking it up a little over a year ago.

Vice versa, if you are just starting out, you might want to be more conservative to tackle any unexpected expenses that arise.The 70% rule is an industry standard, but that doesn't mean you can't adjust it based on your desired ROI.

Memphis is street by street and I am happy to share insight on specific pockets I would stay away from.

In my professional life, I work as a construction sales professional, primarily in the commercial and industrial sectors.Goals:My journey in real estate investing is driven by several key aspirations:Applying theoretical knowledge to practical investment scenarios.Connecting with fellow investors to share experiences and insights.Exploring collaboration and partnership opportunities for mutual growth.Committed to continuous learning and professional development.Building a sustainable real estate portfolio for long-term wealth creation.Why Syndications?

So, the first question they usually ask a PMC is about fees - instead of asking about services and HOW those services are executed.EXAMPLE: PMC states they will handle tenant screening – what does that specifically mean?

he wants it broken down specifically (repair, supply, maint., rent , etc)  is this normal???   

Accounting firms typically have nothing to do with this process unless somehow the title company subcontracted the preparation of the 8288 to them (which really isn’t necessary as it doesn’t require tax expertise, only familiarity with the FIRPTA procedures in general, which any title co who’s worked with a sale by a foreign person would likely know).This is indeed a weird situation and it definitely is unsupported by any authority in the code and regulations to send the withholding tax amount to an accounting firm acting as a middle man for the IRS unless they somehow expressly made an agreement to do so.Good luck with that