These studies have enabled me to take advantage of accelerated depreciation, significantly reducing my tax liability and improving my financial position.

Our also list includes: WifiWifi enabled keypad and back up lock box on the property Starter supplies (toilet paper, paper towel, soap, trash bags)Linens24/7/365 answering serviceInstructions on only the most important things (if we overwhelm the house with signs, they don't read them)We don't have a dishwasher in a number of our properties and it hasn't impacted us. 

Manage Properties Hands-Only: Being close by enables you to take care of problems quickly, manage properties, and establish connections with local experts.

The entire property & casualty market is a mess at the moment with carriers being unprofitable across the board and many becoming insolvent or shutting down in states where they were least profitable and/or were not allowed to take the rate increases they were asking for (rate increases have to be approved by each states dept of insurance they don't just get to jack the rates up because they want to)If you are in a REIA reach out to some of the players there and see who they recommend.

But, I can imagine that many long term players are totally frustrated.  

We also discuss all the key players you'll need to create your virtual team because private lending is a team sport.

Really interesting to hear different viewpoints and the unfortunate challenges that face the PM community players.

I am going to assume, then it might make sense to go with a major player in the dst's.

The institionalized players typically have 100-200 BPS lower rates than standard hard money lending players but they're clunky and have lots of requirements its almost like the instituional HML should be called "hybrid hard money or hybrid bridge money," because of all these requirements.When we're working with those instutionalized players we usually have to do almost as much work as a conventional loan (1-4 fannie, not quite but almost as much).If you'd like to learn more about the different options or get a sounding board on what options are out there feel free to reach out and we can talk shop.

Market rent for each is 1950-2100 (the 1600 tenant was there when I bought it and super low rent but great tenants so i made a plan with them to raise it to market over the next three years as the jump would be way to much all at once). mortgage currently with insurance and taxes escrowed is 2100.I have a really low rate which makes this decision hard but the equity would help me fund the next 2-3 deals and enable me to start scaling faster