You should definitely review their payment history, maintenance, lease violations, etc.3.

Now 10 months later the building has doubled in value with proper maintenance and management.

I’m not sure what his current loan rate is but a year ago probably puts it in a high-fives or low sixes at the most.

Once you hit a certain point then yes it's helpful but in the beginning I'd keep costs low

KEEP POUNDING THE BIBLE OD ..BUY…LOW….

You can get no seasoning on a DSCR refinance, but low seasoning is going to affect the rate. 

Super low out of pocket, the best interest rate you can get, lowest closing costs, highest seller contributions, etc, etc.Keep in mind that house hacking REDUCES my cost of home ownership.

I worked with a PM in a different college town in Indiana that would charge 12-15% on rent, but they didn't mark up maintenance, would often visit the property to help diagnose repairs before sending out a vendor to avoid trip fees, used local handymen that were cheaper, and only charged that percentage on late fees as well.

Those rents are definitely going to make you bleed as they're low for anywhere in the state.

How can a newbie with low net worth & low income get started in CRE?