Fast forward two decades to California and Oregon and outside of my growing RE business and portfolio, my day to day interactions with mortgage guidelines and underwriters were limited.

Hello BP community,I'm interested to learn what most investors do with the portion of rental income commonly set aside for cap ex, repair, and vacancy costs.

At the cost, and given the benefits of most mortgage insurance offerings, is it worth it to pay (however much extra it is)?

Something to consider is with $30K (which is no small amount of money), you will need to factor in closing costs and repairs (unless you can negotiate with the Sellers). 

If that property drops 5 you now have another $15k to come up with on top of the closing costs on that property.

Our previous team, found through Turno, became unavailable due to their growing business, and our current cleaner hasn't been meeting our expectations.We're hoping fellow hosts in this forum might have recommendations for cleaners who consistently provide excellent service and clear communication.

However, selling within a year may result in minimal mortgage paydown, given the substantial transaction costs.

However, the high-interest rates are significantly affecting my operational costs.

I'm new to this business, and feel as if Norada can really help guide me through this for the first time.

Partner Driven financed the Cypress Place deal using its own capital, covering the $290,000 purchase price and $20,000 in renovation costs.