Its an option for you.

It can create some tension, but that's why REI can be so lucrative, sometimes you have to do hard stuff that no one else wants to do. 

Try not to have your PI payments exceed 50% so assuming 50% expenses and short and long term cap x you might be safe.

Looking forward to making connections. 

The landlord could offer to mow the lawn and shovel the walk, while making the tenant responsible for repairing or replacing the washing machine.Landlords and tenants need to confirm what is required within their written agreement.

Obviously, with rates dropping I am looking to refinance to reduce that rate.

Glad to hear it!

Hey Ram,I know exactly what you're going through; finding DSCR lenders who are wrap-friendly can feel like trying to find a needle in a haystack.

Perhaps not a trend to consider across the city but any neighborhood that would attract college educated young professional families seems to be a good bet if you wanted to focus on this asset type.I plan to build 12 townhomes as a second phase of a condo/townhome project in a good area of Mount Airy near the Chestnut Hill boarder and even though I’m likely to years away from being ready to begin phase 2, my current plans are to keep the 12 homes as rentals for the precise reasons I outlined above.  

From an economics standpoint, I'm going against the grain and starting outside Nashville.