Can try to reposition to Class B, but neighborhood may impede these efforts.Vacancy Est: Historically 10%, but 15-20% should be used to also cover tenant nonpayment, eviction costs & damages.Tenant Pool: majority will have FICO scores of 560-620, many blemishes, but should have no evictions in last 2 years.

Understand the fees involved and calculate the total cost for an entire year of management so you can compare the different managers.

Particularly be sure to include your goals for real estate investing so that folks can help you. 2) Follow your favorite forum topics and set up keyword alerts!

They set up STR investors with a new team when branching out into new markets, or going from LTRs to STRs

Find a local lender, and set up an affiliate program.

First, determine what your lender offers in terms of Loan-to-Cost (LTC) for acquisitions and the maximum Loan-to-Value (LTV) for a seasoned cash-out refinance.

My goal is to be resourceful and start with a cost-effective option, scaling up as needed.

I will recover this cost of new heating equipment in 2 years through the savings of what I paid this year for heating oil.

Water damage/mold/ect. is much more costly to repair than to prevent.3.

Repair costs & credits aside, 203K is a more costly loan that will cut into your equity.