Just make sure you can afford it, can afford to keep it, can maintain it and can sell it if you need to get out from under it.

He currently owns a primary residence so he knows the ins and outs of owning property.I currently own 3 properties in a major metro area in NE and looking to diversify to a more affordable area.  

PM me for referral to affordable developer.  

Both in need of a reno.This is a fake evaluation I can't afford anything right now and I'm just trying to relearn my approach after my last house was just short sold In VA beach.

You provide safe, clean, affordable housing for those who need it.

They want to know if you can afford the place, even if the tenant doesn't pay, and if you have a history of paying your bills on time.

Hey BP Community,I'm looking to connect with multi-family property investors in the Skokie or northeast suburbs.Greg T

For example, doing a quick scan on the deal above , about 30% of your lot rents of 200 are eaten up by your w/s/t/ bills. .So what is that , 12 homes paying lot rent of 200 a month ( leaving out the home payments ) , 2400 a month in gross rev per month or 28,800 a year.

Although an increase in rate will slightly decrease the affordability of homes and reduce the potential cash flow of levered investment properties it will be positive for the overall economy and especially the banks. 

If the payment withheld was so much that they couldn't afford rent anymore (or it would be tough) then you run the risk of having them not be able to pay you.