Average rents in the area I bought in, to non-section 8 tenants, is around $1000-1100.

Hi, @John Tran feel free to DM me I will send a reference for a CPA that covers cost segregation and services in the Atlanta area. 

You’ll meet many lenders, lawyers, and service providers in all shapes and sizes.

Hey what are the rates are you seeing for investment mortgage rate for non owner occupied 750 credit score 

Then the judgment would need to attach to the property and then you can foreclose.Issues that could come up are I assume there is no third party servicer to claim the payments were or were not made- so there is a he said she said - if they also occupy the property and statements were not sent you cannot charge interest typically on the loan.You will need an attorney involved to see what if it is still collectible.

@Chris Seveney could you help me understand what kind of discount I should expect to see due to the condos being non-warrantable and not qualifying for conventional financing?

You need to know that the average daily rate will cover your fixed monthly expenses (rent, utilities, insurance, vendor services) at 40% occupancy!

(IMO) Loans with non-fixed rates--those things should be outlawed.Just my 2 cents.

I do these, but Sacramento is out of my service area, oh, and I'm not licensed in CA.

Discord is a chat service that is essentially invite only and allows for both text chatting via customizable channels plus impromptu and scheduled voice/video/screenshare calls.