We had an inspection done and and then negotiated the price down to $197,000 from $250,000 based on the fact we would allow my husband's step dad rent a room during ski season, the faulty roof, and other issues with the property.

@Jaime Powell - hey, we are based in the ATL, and I've closed several loans (fix/flip, rental, STR) in the Augusta market.  

Last but not least, based on the size of the home, I try to find other properties with the same "footprint" that may be "for sale" or have been "sold" which may give you an idea of what the subject property may look like. 

Consult with legal professionals to ensure compliance and protect your interests.Emergency Fund: Maintain a reserve fund for unexpected expenses, vacancies, or periods of economic downturn.Regular Maintenance: Implement proactive maintenance measures to preserve the value of your properties and minimize the risk of costly repairs.Long-Term Perspective: Adopt a long-term investment strategy and avoid making impulsive decisions based on short-term market fluctuations.

DSCR loans are based off of down payment, credit score and either actual or market rents so it helps to supercharge an investor's real estate goals and net worth.

The origination would be based on a $300,000 loan amount.      

Lead success vary based on markets.   

In my opinion, the L/O in this case, does not give you enough protection based on the significant Option consideration you are paying.

Attorneys dont really like working based off of someone's work but they were able to salvage it and save some billable hours there.

I would never buy anything in NYC, terrible landlord laws, and super high pricing you are lucky to get 3% a year All my rentals are about 20% NET (based on cash purchases,) in the Cleveland markets.