Any options, especially green ones, on construction cost savings.

Tell them you want your deposit back in full plus compensation for them breaking the lease and any extra costs you incurred (eg did you have a cancellation fee for movers-I doubt it as you said you didn't know when you planned to move in).

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 ???

That’s means this one claim for under $2k after your deductible could easily cost you $1,000 or more per year for the rest of your life.

Yes STR does align with your goals a lot better, but for what you have already gathered with your LTR in Cincinnati, I think you may be missing out on looking at your opportunity costs for your LTR already.

I have no W-2 income and have been advised to consider DSCR no-ratio loans, but current rates are in the low 9% range, which seems high.

Hi @Adelaide Ning, I manage a few MTR's here in Indianapolis for for clients based out of California, this is a great market to get into based on the growth this city has seen over the last few years paired with the low cost of entry.

It was an old house and it was costly to keep it to the standards for Sec. 8.

But it has been about 2 weeks since the seller passed and the seller's estate has not given any information to my relator or the title company.Given that the estate is contractually obligated to the sale & that I have money tied up in the deal (earnest money, home inspection cost, interest), I am looking for advice to move this forward and/or a suggestion for a real estate attorney in Cincinnati.

This saves me a ton in material costs.