Thank you in advance.Also as far as what I put in the letter, I usually say that me and my partner are looking for properties that need work, and can pay cash and offer quick closing.

Find a good eviction attorney and pay them to fix this problem.At the same time, I recommend you look for a professional property manager to handle your rental and keep you out of trouble.

BP lenders by and large are fine but they but a small fraction of lenders out there.. the lenders on BP have to pay to be there..

There are 90 day seasoning lenders, there are even 0 month seasoning lenders as well but you pay for it in the rate.

The townhome has appreciated in value to about $350k (per Zillow and RedFin) over the few years I’ve owned it, so estimating $150k in equity, about 45:55 self to bank equity ownership.The townhome now has a leak that has lingered and gotten worse over the few months waiting for an insurance claim decision, ultimately being denied coverage so now I’m stuck with having to cover the entire expense.I’m also considering selling the property once it is fixed so I can take the funds from this 1 single family property in Houston to apply towards funding a possible multi-family property in Austin, TX.The quotes to fix are around $15k-$20k, which I’m not excited to just pay out of pocket, nor do I think I really can at this point in time.

Depending on location they can cost a lot to replace but when you factor in what you save from paying sewer bills it’s cheaper in long run.It would not stop me from buying a house

What is the average spread (difference between what you are charging your guests and paying your cleaner) for your turns?

Most people prefer to buy and the past year rents are priced much higher then people want to pay. 

The additional savings exponentially pays for the small additional cost of a quality report. 3.

Now you need to figure out how to find deals and pay for them.