I was sent an offering memo by a broker selling a multi-family building in an area no reasonable person would even consider affordable housing material yet the marketing materials made a point of emphasis to detail how the property would satisfy the need for affordable housing.

Hey @Timothy Hero, we have several lenders in our network that offer DSCR on 5+ units.

For example, we offer up to 85% LTC on GUC loans, with us funding 100% of rehab.

We also do not allow the tenant to patch holes or touch up the paint, because they usually do a terrible job that takes longer and costs more to fix. 

I didn't realize it at the time but through my first few jobs I was fortunate to work alongside teams who were true real estate finance experts and learning through observation was critical to my personal real estate investing growth. 

To get the most out of your investment you should find a market that is growing in population and Jobs.   

Their insurance has asked me to return the month's payment for the remaining days of their rental (Unfortunately, I did not have a cancellation agreement).I am unsure how to handle this situation, especially since I couldn't fill the majority of the rental dates and had to offer discounts for the days I did manage to book.

I love my job and plan to do this type of work forever.

Also have made it easy to see if you offered a certain amount, or changed your rehab budget, how that would affect your return. 

-We could sell as is but they would make a low enough offer to where I think we would sell at a loss.