With all that classroom training, we took to the streets to prospect, underwrite and ultimately make offers on properties that align with our underwriting standards and principles.

But they provide standard documents for all businesses, whether you are a florist, a manufacturer, or a real estate holding company.

Someone please advise if there is some extreme risk I don’t know about by changing out to standard outlets.

I know they will get you at or close to 80% LTV if you are using standard residential financing.

Get this right and buy good properties that you can get tenants that can pass a high standard tenant screening, will help ensure you will NOT encounter too many bumps in your road to achieve equity growth.Lastly, I did rent to one of my brothers, but I had explained to them that it's a business.

If .18 cents is standard that's fine, I just want to make sure I'm not overpaying by a factor of 6.

If you can afford to wait until you find a tenant that fits your standards, then by all means. speaking from the little experience that I due have.

.-10% management fee is pretty standard in the market, and many managers have a minimum price per unit threshold that this may not meet so you may even be paying more.  

@Anthony VargasFor vacant insuranceI currently use Arcana and if you connect with a REIA group that is a part of National REIA they have some of the best prices ever.I have also used APIA and found them to be the easiest to work with, despite arcana being 100 percent auto,ate and instant access once set up.Also in the game is NREIGAll insure nationally.Your local REIA group might have standard national insurance companies that broker a few other products for your vacant houses.

Ok so I want to give a little back ground about my before I get into the topic I've been a home repair man since 18 I'm 30 now an I've always work for property management company so i know how it runs an  Operates I've been on 24 maintenance on call for student housing, retirement home an standard rental property now I'm getting into my own rental property's last year I brought a property for 130k fha  an an got the value up to 180k I refinance that fha to an conventional loan so now I'm looking for a 2 or 4 plex with an fha already have offers in just waiting to hear back an I'm also thinking of using my a line of credit from the first property to put down on a owner financing single family am I moving in the right direction or should I change things up plz let me know what you all think I'm working out of Norfolk va