Estimated Rent (based on neighborhood median) = $2800Total expenses including HOA, Capex, Property Mgmt, and 50% rule for maintenance = $2750Cash flow = $50  :(Do I hold onto this gem or sell it and move onto a new strategy??

This way, you're covered legally, and your lease includes everything from rent details to what happens if someone decides to turn your living room into a circus ring.Now, about finding those gold-star tenants, it's all about the background check.

Including land and build cost?

You want tenants who care about their financial lives so much that they ensure they have a high score because they'll make sure that all of their bills get paid on time and in full, including the rent.Feel free to reach out anytime if I can elaborate or further clarify anything!

Highlights of this multifamily deal include a substantial 20% discount, a commendable 7.6% cap rate, and favorable financing with a Freddie Mac loan.

It usually ends bad for all involved including the GP.

In essence, the DSCR measures the property's cash flow available to cover debt obligations, including the loan's principal and interest payments.How Do DSCR Loans Work?

Also is access to AirDNA included in my Pro Subscription?

In Virginia you can include these in your selection criteria but you do run risks if the database is wrong or you get the wrong person in your background check.Think carefully before establishing your selection criteria because you MUST stick to it.

The decision between using an FHA/low down payment loan product and putting down a larger down payment depends on several factors, including your financial situation, investment goals, and risk tolerance.Here are some considerations to help you make an informed decision:Size of Down Payment: A higher down payment might lower your monthly mortgage payment and perhaps free up cash flow.