Depending on your township's/HOA's policies on getting your permit my recommendation for when you should get your permit varies.

@David Lund- you are  welcome -   fyi -  within the  conventional loan idea - there are  2  angles  that can  be used ..one is called  the  FANNIE  MAE   (  fnma ) and the  other is  callled the  FEDDIE MAC ( FHLMC )   approach .....they can  vary  slightly  so make sure to ask the lender   to check out both   avenues - good luck

Income/GRMs tends to vary widely in 2-4 unit properties and is not very consistent in my markets and therefore, typically doesn't seem too meaningful in my 2-4 unit reports.

Will vary based on seller.

And you can't know whether a specific property will lend itself to this without analyzing it - not every property in a random category is going to work.

The reality is, it takes time, with risk and stress levels (varying by ones tolerance) that can de-motivate you along the way.

Four of the ten metro areas reporting growth in this category were in Texas.

It varies state to state on HELOC's.

A portfolio of SFRs can be refinanced with a blanket portfolio loan using a local bank or credit union.These lenders often base their rates on  different benchmarks and spreads which can get you varying results.Just as an example, I got 2 different qoutes from banks this week on the same property.

This also helps me to know when I need to do more automation, or human resource, because if I am struggling to clear an AA category on a consistent basis, something needs to adjust.