Since inflation was so severe for the last few years, they had essentially decided to raise interest rates aggressively in order to fight this high inflation even if it came at the cost of slowing the economy down.

Me and my team run a large acquisition firm here in Pittsburgh with multiple properties coming in monthly for strategies like yours.

We cut our own with a builder’s supply purchase 8 years ago, still looks like new and it only cost like $150 plus the saw blade (small galley style kitchen).

In fact, given the success I had on my first commercial deal (bought, rehabbed and flipped an 18000 ft light industrial building and netted $500K in 24 months), I'm not even sure I want to do residential going forward. 

We are celebrating 35 years and have meetings all over Orlando throughout the month.

To address this, we verify the property owner per government records and use this information to vetimposters.Anything that seems suspicious will lead to us requesting an acceptable Letter of Explanation toaddress.Analyze IncomeMany landlords require a month of paystubs from applicants and just use these to calculate a monthly qualifyingincome.

The jailed brother makes the most income, and I assume the other two would have a hard time covering the rent each month. 

It came as no surprise when I looked Gatlinburg Falls up on the Better Business Bureau site and found this.  109 complaints posted in the last 36 months!

Based on the information I can find and an Excel template I am using it would suggest this property is a 9.3 cap and would have cash flow after expenses of around $3000 per month.

The second time all my acquisition costs I got back at closing..It comes down to the deal and how your partnership is structured..Hope this helps