He needs $200k down on the new unit and is rolling $150k from the previous investment property.

In Minnesota, I recently finished school and passed my tests to start a career in real estate.

Also, you might want to experiment with colors to see what looks best.You should be able to get some small test colors from your paint vendor.

Ask if there's anything you should be aware of about the neighborhood that will impact your rent prices. ie. new construction, gentrification projects, a new Amazon plant opening, etc.you MUST get the rent rolls and a 12 month rental history and P&L.

If you are unsure about it, you could always do 1 house, and then roll it out to the others if you like the results.

So now I have to roll in some closing costs and pay a quarter point more interest.

So now I have to roll in some closing costs and pay a quarter point more interest.

If you want to run a test run, I'll show you how I do it...if you think it might help

This downturn will be a huge test for this asset class to see if it has legs to remain in the 1 point and single digit interest rate world. 

@Heather Frusco It is obviously your prerogative to means test your tenants to determine if they need help.