. $225KProperty Features:First floor: 2 bed/1 bath, potential rent $1,200Second & third floor: 4 bed/2 bath, potential rent $1,500Separate utilities and heating/central AC systemsInitially, I projected over an 8% cash-on-cash return.

Seeing it as a great potential future home, I decided to make an offer.The offer was accepted, and I purchased the house with the intention of staying at my parents' place while renting out the home until I'm ready to buy a duplex, moving closer to my goal.

It includes professional photos, a yard sign, a comparative property analysis (CMA) and a personal home overview to go over what should be done/fixed/updated to maximize our home sale.1 Year ListingA listing on MLSLI.com, HGAR.com, OneKey MLS, Realtor.com, Zillow, Trulia, and other partner and other real estate agent websites36 photos uploaded to the MLSFree changes (price, open house, description, photos)All legal disclosures and paperwork providedFree MLS flyers, open house flyer & sign in sheetsReceive all buyer leadsLocal Broker help by EmailWeekly Listing Stats for your propertyShowing time Scheduling (if wanted)Electronic LockboxPhone call questions and help with anything you need during the selling processThey negotiate your offers for you professionally They verify all buyers pre-approvals and/or proof of fundsThey fill out and send all required paperwork to the attorneys to get contracts goingThey handle all home inspections and potential issuesThey deal with the appraiser and provide comparable sale information so your house appraises for the contract priceThey confirm the commitment of buyers mortgageThey help deal with any legal issues from the town if there are anyThey handle the walk through and any issues that might ariseThey attend the closing (if there is no scheduling conflict)I make the appointments and show your own houseCost: 1/2% with a minimum of $2500

Also 4th quarter of last year Packwood and county officially did discuss potentially regulating STR's by either limiting numbers or adding a tax to cover increases in local services that are needed.

With the MLS currenlty required to show the buyer's agent compensation, my clients could see my potential compensation. 

My assumption was that she could start showing it asap (while it is still occupied), to reduce the potential vacancy time.

This doesn't include the potential tax benefits.Total mortgage interest over 5 years = $137,497.

Hey @Justin Williams,I'll start by saying even the most flexible loan scenarios will look at credit. how it relates to the loan process, however, will differ depending on which loan type you go with. my gut punch reaction in this is that your credit score is more about limiting your LTV due to the subject prperty being a multi-family, or potentially driving the rate up so that you no longer qualify (rates are higher on MF than on SFR typically)....it also could be about how your lender is calculating (or not calculating) the rental income coming from the different units.

To get the most out of your networking, make it a practice to participate in forum discussions on a regular basis, go to meetups, and interact with other users.By actively participating in the BiggerPockets community and connecting with other investors, you'll be well-positioned to find your first cash-flowing real estate deal in 2024.

My focus is on finding a discounted SFH or Townhome that can act as a live-in flip for 1 - 2 years to maximize rent potential before it actually becoming a rental for my portfolio.