Some times it's easier to just identify a possible property and the first you check before even scheduling a viewing, is check the STR rules on that address.  

Hi Brian, great first step!

We have two other investment properties that were purchased on market, this is our first off market deal.

They do have a right of first refusal to buy the next year's tax lien at the same interest rate.

Owners mistakenly ASSUME all PMCs offer the exact SAME SERVICES and PERFORM those services EXACTLY THE SAME WAY, so price is the only differentiator – so, they often select the first PMC they call or that calls them back!

Hi All -  long time reader first time poster.I am curious as to how other small/medium size MF investors are thinking about operating their portfolios as we head into the upcoming rate cut environment (however far in the future that may be). 

I'm excited to connect, learn, and grow with this incredible community as I search for my first property.

@Joey Morgan if your client wants you to write subject to the existing mortgage, likely best to contact listing agent first and ask if seller is even interested, can save a lot of time if not.

That's typically the first layer of protection before you'd be required to make a claim on your policy.

Is there any obvious or important things I am missing as I start to "pencil" my first possible deal?