The rule states that 75% of market rents for all units must be more than the total mortgage payment.

And if you have multiple series inside the LLC you will not be permitted to use the name of the LLC on subsequent applications for additional series.

Are you simply assigning the current lease (1 year left) or are you writing an extension for a longer term beyond the one year in addition to the assignment?

I think the real question should be what is the best CRM specifically for the real estate market (e.g. rentals, lending, etc.) - and that one I am still waiting for someone to come up with on.

What you pay with labor will depend on if for instance one of my units still has a good pad and tack and strip then I just pay for carpet and installation cost.What you will pay will also depend on how much you are installing at one time.I don't like Berber for rentals.The design of the loop once it starts unraveling it can unwind pretty good an dis harder to get certain stains and pet stuff out of it.With carpet you want a Nylon carpet even if the cheaper version.Some carpet guys will try to sell you the rubber composite carpet stuff which is the really cheap stuff so it will stand up to tenant abuse.The problem is it can only be cleaned usually up to one time and then you need to replace it again.So I would rather get a cheaper nylon that can be re-cleaned many times over after installation for an additional .10 to .15 a sq ft extra than the super cheap stuff I will have to replace again.If you get 1 sq ft for carpet,pad,tack and strip,and labor install and it is Nylon you are getting one heck of a deal.Even at a carpet place usually you are at .40 to .50 for the pad and .50 to .60 for a cheap carpet.Then you have to do material to install and labor.I have seen sometimes if you have to do a small area you can pick up quality remnant pieces for real cheap and hit that type of number or buy in bulk.

Marketed the property for $179,000 and went under contract and closed for $186,000.

I am leaning towards demolishing the house and building a simple 3/2 but I have no market data in the city for new builds in recent years.

I’ve interviewed a couple of Realtors in Oklahoma City, but I’ve been finding that the general consensus there is that the market is not in a cash flow cycle.

If you cannot find what you’re looking for in your market and you don’t want to invest too far, consider pivoting to a single family home.

Hey BiggerPockets Community,I’ve been working with off-market properties in the Nashville area and have come across some intriguing opportunities with strong ROI potential.