Also rental rates are dropping, and we are already seeing rental loan rates in the 5% range, I would expect to see rental rates under 5% by January.If you are going to be a real estate investor for the long term, why don't have your Real Estate License?

They are long term rentals, not short term. 

How long do they take to get your property for rent?

This is assuming excellent credit, ratio of 1.00+ on a SFH with a long-term lease at 75% LTV.

BP community - I am an out of state investor considering long term rentals in the Grand Rapids area, more specifically Eastown / Midtown neighborhoods.

Hi,My wife and I moved into our current place about a year ago, and converted our prior primary residence into a long-term rental.

I have never managed anything other than what has been in our own portfolio which is 3 (although we just closed on our 4th and are going to BRRRR it) long term rentals and 3 short term rentals.

The Details: 3 Single Family rental homes on one .34 AC lot with existing long term tenants. 

Long-Term Goals: While predictions suggest that rates might drop in the future, there’s no guarantee on the timing or extent of these changes.

He was sentenced in 2021, which means he probably served time and hasn't been out that long.