That comment specifically relates to the investors who believe they are better protected by having a separate LLC collect rent and perform management functions independent of the deed holder LLC.

Prepayment penalties- usually 1-5 year terms.

Together, we negotiated favorable terms with the seller, ensuring a beneficial deal.

Long story short VA doesn't require us to make a down payment at closing.

What does cost me is a tenant who doesn't stay very long.

As long as you have a plan to pay it back, I don't see an issue.

I used to live in the property and are in very good terms with the previous neighbors, and don't want to risk anything given the shady past/current behavior from the tenants. 

The 'what you get' for the money factor is highly applicable from Brookings to Astoria and licensable STR coastal vacation rentals are still regularly attainable at workable terms, Luxury and oceanfront and lakefront properties tend to perform above the 10% of valuation in gross annual income for prime coastal STR's and as an example I've seen a $2.1 Million Oceanfront home produce $300k in gross annual income.

It’s been a long time since anyone came to my meetup that saw it advertised on the BiggerPockets website.

Real Estate News in BriefA string of favorable data (lower inflation, higher unemployment rate) has convinced the market that the Federal Reserve will begin cutting short-term interest rates in September, and mortgage rates are already moving lower.Reminder!