Whether you're a prospective tenant searching for your next home, a property owner looking to maximize returns, or simply curious about the dynamic rental market, our property manager's expertise will serve as your trusted guide in understanding the intricacies of rent pricing and staying attuned to current trends.

The most important thing to understand is there are good deals everywhere, and there's a learning curve wherever you want to start.

A bad credit score does not correlate with on time rent payments, many people understand that you pay your landlord first.More importantly is that you should have written criteria that you use to evaluate every tenant that applies and do not deviate from that.

One important piece to understand is that investing breaks down into Time, Money, and Skills.First purchase: 50/50 partnership.Second: 0% Down Seller Financing.Third: 15k down seller financing.Fourth: 50/50 partnership my partner brought all of the capital and I manage the community.Fifth: 0% down seller financing utilizing cross-collateralization of another property (A SFH that I owned outright)Sixth: 0% down seller financing utilizing cross-collateralization of another property (A SFH that he was okay with being in second position on)Seven: Seller Financing 300k down (I bought this in my fund and raised capital through that vehicle), 0% interest loan for 3.5 years.Eight: Seller Financing 53k down (I bought this in my fund and raised capital through that vehicle), 4% interest loan for 6.5 years.The biggest takeaway I want a reader to get is that there are a lot of different ways to make a deal work. 

The closest workshops are in TX so I am trying to understand how this would affect the process with a realtor or lender here in OK.Thank you for your time!

@Thomas Yourkiewicz - There is a great deal of information on BP about Toledo to help you understand its national appeal vs other cities, price, cash flow, and ease of entry are a few.My biggest lesson learned in Real Estate in general is - whatever your niche, you will do just fine provided you specialize, create an offering that meets a need in the market, and stay the course when you have hurdles.This holds true if you specialize offering housing to professionals who need high-end temporary housing while assigned to long term projects...medical facility rentals with nursing staff provided...and for every aspect of servicing the investing community (hard money, note buying, appraisals, etc) which gets you out of the landlord role altogether.One sure way to fail is to constantly shift your focus and jump between cities, neighborhoods, or investments. 

So, If I understand correctly, is it less beneficial for RESPA-regulated lenders to offer low loan amounts due to limited earnings?

If not, I would be very concerned about their projections, since going from IO to amortizing adds fairly significantly to the monthly outflow of available cash.But more than anything else, I would be very diligent in understanding this groups overall strengths and ability to execute.  

My understanding is that AirDNA includes cleaning fees in their gross income projections.

Your profile mentions that you have 5 properties.I personally think my services are well priced and I would charge more than $1,000.Just be careful when you just look for price when comparing accountants as you may work with an accountant who may make mistakes or may not have an understanding of your tax situation.