I wrote a full price offer on a small house I found that was listed for only $44,000 by an apparent local realtor I’ve never heard of.

I think I'm going to shoot for full 1-year  leases once I get all my tenants on the school year schedule, which I think is reasonable (it seems like many students have to pay rent over summer for places they aren't living in). 

We offered full ask originally. 

@Zach BethIt won’t take 5 years, but it will mean waiting a full year to buy one property and that is very slow growth.

We had to move out of Southern California due to a job relocation and built our place in 2016 in Los Angeles, it's really nice in gated community with a pool, 5 bedroom 4 bath with a main level suite and full bath (a second master, an in-law suite, a home office) appx 2600 square feet.

I just always disclose upfront there is a broker fee no less than 1/2  and no more than 1 full installment of rent.As for commercial I am not sure.

The list is not perfect so it still requires a little human interaction but it is very easy.  

Re: team, we have 7 full-time employees plus a handful of part-time underwriters. 

If you have the capital to pay the 1st off, you can request a payoff and make payment in full to release their lien.

I used an FHA loan with 3.5% down and have renters covering the full mortgage.