Such a fantastic book, FHA financing is a highly effective house hack and can be combined with a sellers concession or up to 3% with 3.5% down to reduce or completely cover closing costs.

Can try to reposition to Class B, but neighborhood may impede these efforts.Vacancy Est: Historically 10%, but 15-20% should be used to also cover tenant nonpayment, eviction costs & damages.Tenant Pool: majority will have FICO scores of 560-620, many blemishes, but should have no evictions in last 2 years.

Without knowing the area really well it is hard to know how much of that is the cost of land baked in.

If you want to keep the deal together offer them a couple grand closing cost credit and if not find another buyer! 

What would you recommend as the most cost-effective approach to obtaining all the necessary elements for a building permit?

You can also consider selling and reinvesting your winnings then you never have to worry about the cost basis of your investment.

Hi JacquelineI am looking in applying to work in property management- however I do need to know YardiPrecisely- I am an accounts receivable/credit collections- and that is the tutorial or leaning program I am interested inPlease advise when starting- cost  etc. thanks for any help you can give

Hello Everyone,When looking at pictures of a home, how do you go about estimating what the cost of the rehab would amount to?

A single bad tenant will cost you thousands to tens of thousands of dollars.

Setting up and maintaining an LLC involves costs, including filing fees and potential legal or accounting expenses.