Hi Sharon, I'm an out of state investor researching markets in NC and have just come across Winston-Salem.

I'm not sure yet of what kind of loan ill have todo more research on the pros and cons of all three of these, And now that you mentioned that i can see them asking how many you have done haha.Thank you,  

More details/example fees: Management Fee: 10% of gross rent collected, $50 minimum per unit.Leasing: One full month’s rent upon execution of a leaseOther: 10% will be added to each invoice for any repairs, maintenance, improvements, landscaping, and snowremoval for the Property 50% of late fees collected $50 lease Renewal Fee $50 per utility turn on $25 posting 3 day notice $100 per court appearance witness fee $50 tenant removal with bailiff or police $50 to meet inspectors for housing voucher programs, occupancy certifications, and/or POS or rentalinspections Broker may charge to offset Broker expenses for postage, key copies and other misc. expenses $100 set up fee $120 annual consortium fee ($60 March 1st, $60 Sept 1St)Given all this, how do I input it when I'm making calculations for a potential investment (do I put this in as >10% like 12%, 15% or 20%?

The involvement of onsite management, often seen as a potential red flag, can lead to the property failing crucial qualification tests.

If there's sufficient equity in any of your properties, it's worth considering the potential returns from deploying that capital elsewhere.

Hi Josh, Additionally, consider building conservative assumptions into your financial projections to account for potential market fluctuations, economic uncertainties, and unforeseen challenges.

Cutting down trees and painting cornices and window frames white can greatly improve the appearance of the property and attract potential tenants or buyers.

While this house was a mess, I could tell it had potential and was in a great area!

Hey @Fadela Zaoui - if its a court ordered sale... unlikely sellers would entertain seller financing, but the answer's always no unless you ask :) I recommend working with your broker to figure out what the sellers really want - sounds like one of the sellers wants to cash out so they may not be the person that wants to do seller financing BUT the other seller may be open to it.You could also potentially look at a joint venture option where you just buy out the seller that wishes to sell her portion, and partner up with the other equity holder who now gets to retain their piece of the pie. 

Many people refinance out of FHA into conventional to remove PMI and potentially use their FHA loan again on another property.