They build and invest to help improve the area, bring in better tenant pool, improve the economy and hopefully at the end of the day make a profit on the hard work, time, and money spent on that new development.  

I hope this was helpful. 

(nice to meet you.)what i can help with is determining how your property might perform as a rental. so let's do that.as you probably know, you need to factor in much more than mortgage / PITI. so:will you self-manage, or hire a PM? 

He was super helpful and knowledgeable.  

At closing day, part of the full cash purchase amount in escrow (~700K) will pay the default amount (pending) they owe the bank, 20K will go to their own account to help them find the next rental place.

Build a good track record and strong credit, as these can help you negotiate better terms.

Your only chance is if they are SUPER desperate, you’ll get closing help and rate buy down.

How does that help? 

Hopefully this information can help you make an informed decision when deciding whether to allow pets or not. 

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