I know some people get by paying for real estate with credit cards and other craziness, but most people still standing in 10 years are dealing from a position of strength: good credit, good reserves, good boundaries with others. $1500 is peanuts.

In my opinion, the Founder’s Letter written by Jonathan expressed values of: (1) Open Communication, (2) Actively Engaged Management, (3) Care for Each ClientAlthough RDU was stellar in getting me off the ground in my first real estate venture, about halfway into our relationship, I noticed that action on core values expressed in the Founder’s Letter began to wane.Most recent, after Hurricane Florence, I received a text message from Jonathan saying, “Your properties faired well during the storm”.

@Mike Van Arsdale So, the problem is that you can't get a LOC from a commercial lender unless they are in the first position?

I have a substantial monthly positive cashflow for many of these properties.

I have been wondering if it is worth it as I have heard positive and negative about the results. 

I have looked tenants in the eye and told them to GTFO of my property, no notice, no cash for keys.

@Nick Diecidue you can always ask the seller to deliver the units vacant upon closing (that's if you haven't signed a P&S yet).What I would do is buy the property, and right away have the tenants fill out a rental application, apply that information into a 3 month lease, and deliver a notice of non-renewal 45 days in advance.

Hi @Matthew Groves - start with Zillow, find someone with a lot of positive reviews.

It has been 2 years since i left the military, now attending college for a surgical tech position in the near future.

Our strategy is to buy and hold, benefit from the positive monthly cash flows, and sell after about 5 years of stress free property management.The issue I am having is selecting finishes that are reasonably affordable (dare I say cheap), durable for renters, and still get top $ on an appraisal when we go to refinance.