Not too low either, you don't want to go with someone who is just focused on price as this is a quality of a not-so-great accountant.

Current tenant is on month to month lease.

14 of the 16 are currently occupied.

I'm currently living in Jefferson City but I'm looking for distressed SFHs to buy in St.

@Brian GarlingtonWe manage around one hundred S8 leases currently.

This dip is part of the natural ebb and flow of the market, reminding us that real estate always has its highs and lows.% Paid in Cash: Cash sales accounted for 43.1% of transactions, slightly up from last year's 42.9%.

Hi all, I am currently in the process of closing on my first rental property.

Quote from @Bonnie Low: Quote from @Benjamin Carver: Quote from @Ian Jimeno: Love those numbers, Benjamin! 

Rather than accept an offer to cash out (offer restricted by current appraised value which because of recent vacancies was low) I chose to sell on a wrap around note.

I dont think these things are hard and fast.. to me look at whats left after the rent is paid is it enough to really live on.So if rent is 5k a month for instance that means tenant needs 15k a month in income pretty standard .. well that tenant now has 10k a month to live on.. most people can make due on that.so if this tenant came to me and only made 10k a month  2X the rent I know they have another 5k a month to live on so sure that works.where this is important is in lower income low rent areas were rent is say 800 a month and 3X is 2400 minus rent leaves 1600 a month for EVERY thing else can you live on 1600 a month ???