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.

I'm exploring alternative financing options and would greatly appreciate insights or experiences in similar scenarios.Key Points:Property Location: Cahokia HeightsPurchase Price: $17,000Rental Income: Approximately $1,500/month via Section 8Condition of Property: Updated plumbing, roof is in good shape, needs AC unit, paint, flooring and cabinets and counter topI'm considering reaching out to private lenders but would like to gather opinions on:Feasibility of securing a mortgage for a low-cost property.Attractiveness of this deal to private lenders.Any creative financing strategies that could be applicable here.Legal and tax implications I should be aware of.Potential risks and how to mitigate them effectively.Any advice, suggestions, or contacts in the private lending space would be immensely helpful.

Understand the fees involved and calculate the total cost for an entire year of management so you can compare the different managers.

Differentiating to increase occupancy or highlight the value offered doesn't need to cost money. 

.- However, the thing that makes Hawaii very doable is that the cost of flying is cheap, from CA one way the cost is $90-$200 depending on the season. - Every Hawaiian Island is very different from one to another, and between towns is also a bit different.

We offer:100% Financing: We cover the costs of acquiring and rehabbing properties.Ongoing Coaching: We provide continuous support and mentorship to help you succeed.Profit Sharing: We operate on a 50/50 profit split, ensuring both parties benefit from successful deals.Real-World ExamplesYou can check out my BiggerPockets profile to see some of the deals we’ve done with our partners and read about their successes.

Like a lot of cities in California, San Mateo has a housing shortage, which can be seen through the high costs of housing and the increasing homeless population.

A trustworthy agent is a great resourceTypically, if you buy something like a duplex rent, the other unit out and your mortgage payment difference is what it would cost for you to rent that place or less the deal is worth it.This is also factoring in renovation, capital expenditure, etc.Good luck!

What is more powerful is that too many of my customers have raved about Sean’s program.

They all become dated and are more costly to install and demo.