If a lender saves you $200/month on the payment but you spend an extra $8k in fees, you didn't get the terms you think.

I know that many in the bigger pockets community are more the DIY type and self-manage, but for those of you who have used property managers for your short term rentals, what have been the pros and cons of your experience?

It sounded like another term for assumable mortgage, but I appreciate the clarification.

And if so, do you know of a good mid term property manager here?

However, the exact terms will vary depending on the lender.6.

I have less knowledge about Seattle but my oldest friend did a basement conversion ADU in Seattle (I am at her birthday in Long Beach Washington at this moment).  

The effect was that he had near 100% financing, and a property worth $450,000 at a cost of $381k.  

I pay attention to our competence, responsiveness, effectiveness, and other internal metrics. 

.: Hi all,I'm planning to buy my first long term rental, a single family resident in the next 3-6 months.

The number is ticking up but Ohio is still fine in vast majority of cases - anything over loan balance of $110,223 (2024 limit) doesn't apply - since most DSCR lenders have minimums around $100k loan amount, barely affects thingshttps://com.ohio.gov/divisions-and-programs/financial-institutions/consumer-finance/guides-and-resources/loan-prepayment-penalty-and-adjustment#:~:text=Effective%20January%201%2C%202024%2C%20no,loan%20of%20less%20than%20%24110%2C223.