Also, focus on 2 years of job/income stability.Class D Properties:Cashflow vs Appreciation: Typically, all cashflow with zero or negative relative rent & value appreciationVacancy Est: 20%+ should be used to cover nonpayment, evictions & damages.Tenant Pool: majority will have FICO scores under 560, little to no good tradelines, lots of collections & chargeoffs, recent evictions.

This change marks a departure from the trend since mid-2022, where private buyers led acquisitions as REITs and institutional investors reduced their exposure.

This way, you can have passive income coming in from multiple properties regardless of where you are living at the time.Ultimately, the best strategy for you will depend on your long-term goals, risk tolerance, and level of involvement you want in managing the properties.

I only received verbal information on annual income and credit score of the tenant.

Rates vary for commercial loans, your amortization might also be different - it depends on the bank though, but the appraisal and value of the building depends mostly on the operating income rather than comps.

The child's father is trying to reduce his child support down to a ridiculously low amount.

It's going to reduce your potential renter pool and they're not going to pay top dollar so just keep that in mind.

@Ammon JensenFor this purpose I do not believe you can write this off, add on that you are paying ordinary income on the 10-12% which let’s say is 20% and after servicing you may actually be losing money every month.

Yes there are options upto 80% cashout with no seasoning as long as it is rented and cash flowing even or better . no income no doc .

What bank in CT will lend me this no income verification Also my credit score is 750 and I only have 1 year of credit history.