For example what if a house burns to the ground?

I'm becoming an agent for MLS access so I can a greater degree of confidence in data accuracy.I'd like to take on wholesailing myself so that I can continue to work on my rental portfolio at a faster pace.

On top of that, Section 8 tenants are more trouble than the average paying tenant, and they are more likely to create costly turnovers when they eventually leave. 

IREM President Libby Ekre, CPM, shares five essential things to look for:Licenses & Certifications – Ensure the firm has certifications like CPM or ARM, guaranteeing adherence to industry standards.Regional Experience – Local market knowledge is crucial, especially for properties in smaller cities.Property Type Expertise – Match the company’s strengths with your specific property type for better management.Company Culture – Look for a firm that values customer service and team management.

Hey Patrick,That's awesome — —sounds like you and your wife have built an impressive portfolio!

If the value is there to where you currently own 20% or more, then you should reach out to the lender and ask them to schedule an appraisal.Keep in mind that appraisal is not free, likely ~$600 depending on who they choose.

Right now my biggest issue is property management, I have a few companies I have been considering but would still like to reach out to a few more.

I'd like to increase this a the median for most 3/2  properties in my area is roughly 300k.

If you like it focus on scaling that.

And also, since I am the borrower, am I correct in my understanding that I would be subject to a tax on cancellation of debt which would lower my total IRR.I saw many years ago (like in 2017) on BP that note investors were shooting for 10-12% IRR in a zero-interest rate environement.