Them next thing is to make sure your debt to income ratio is below the max % 46.9% for the front debt to income ratio (mortgage payment divided by your gross monthly income) and 56.9% for the back end (mortgage payment plus all other monthly debts divided by your gross monthly income). 

I used that to source off-market deals in the city of Detroit, pay cash, do some cosmetic rehab, and then refi back out.Flash forward 2.5 years and we'd built a 12-door portfolio with almost no cash left in any of the deals.

I had a seller come back to my broker on my LOI this week that "I am not a serious buyer" because I didn't want to pay a 5% cap rate on annualized T1 numbers, since I was 10% below his desired price.  

Second, those who have managed to eventually get back to me send a pay structure that seems like they benefit from tenant turnover and put fees on different aspects of the property management.

I would need to see more information and then I can have my crack team look into it and get back to everyone.My crack team... 

These are areas I know like the back of my hand!

We helped friends/clients purchase a business that changed their lives and we started doing a podcast talking about aspects of business that are missed, mostly the small items so new entrepreneurs get exposed to those parts, but we have been so busy with our own businesses that we had to put it on the back burner for now, after about 8 months. 

Having a HELOC on your FL property is always a good thing to have in your back pocket, even if you have no plans on using it

The success of this endeavor, marked by a considerable monthly cash flow, was a testament to our dedication and the supportive environment we fostered.Looking back, the greatest lesson was understanding the importance of community dynamics and the impact of neighbors on our efforts to create inclusive housing.

or make it hard for him to turn around and put it back on MLS?