i like how u said i can afford it hahai bet you were all in when you ran your numbers that is awesome.time to be the best owner around town now

If a GC doesn't have an online platform or way to provide updates (pictures/notes/schedules) remotely, probably not your best bet.

That will do very little if its a wood framed structure. your better bet would be to insulate between the floor joists from below and replacing the drywall downstairs with a special acoustical drywall, but even then it will provide some assistance but be very expensive. 

Below is a model with 4 columns.

The 3% mortgages have MORE servicing value for the opposite reason, these ones aren't likely to be refinanced any time soon, and the market thinks they are less likely to be paid off via home sale to boot.This isn't about your or my crystal ball predictions for inflation and interest rates, this is about billions of dollars of real life bets being placed on Wall Street and by big banks.There's another reason big banks are valuing these low rate mortgage pools: Thanks to some deregulation that happened, they get to use the escrow accounts as "deposits" for the purpose of fractional reserve banking.

This may not apply to every investor, but I bet many fell prey to this:3% down allowed higher affordability/cash flow projection.

@Eric FitzgeraldOpen an excel sheet and put your income in one column and expense in another. 

For non owner occ real estate, the more favorable math of using the income to wipe out the PITI, and adding what's left (net positive cashflow) to the income column, is what Fannie requires. 

You hedge your bets with multi family because the likelihood of all your units being vacant is low.When a single family property is vacant not only is it not making money, it’s costing you money because of  scheduled monthly costs; water, insurance, utilities, mortgage, property management fees, etc.Scale up with multi family , it’s the better play.

It’s too much work for the compensation :) I think Zillow, hotpads, craigslist and a yard sign are your best bet.