What your biggest struggle when it comes to finding deals?

If you were considering selling your Property Management Contracts, I know the normal is too sell it for your annual revenue (ex. $100/mo contracts, sell for $1200).

The biggest obstacle is usually your ability to qualify for the loan, which is a function of DTI.

For example, I’m able to show a rather small profit on each rentals due to depreciation and other expenses even though the revenue is 5-8x that.

Averaging 1.5 turn overs per week with a $50 cleaning fee adds $300 per month brings total income to 3,600 per month revenue.

You know the biggest issue--  NOTHING WAS DONE TO UPKEEP THE HOUSE. 

My biggest fear is eventually pulling my equity out.

My biggest issues is that there is one furnace for upstairs apartment and in basement is forced air heating.

😳😳😳😳 ( I am in Clearwater Florida ) What is your biggest industry in Clearwater?

--https://www.latimes.com/business/story/2020-03-08/oil-price-war-Oklahoma shale producers break even at $21 to $48 per barrel (i would think its closer to $40 in Oklahoma) -https://oilprice.com/Energy/Energy-General/Why-The-Oklahoma-Shale-Boom-Isnt-Taking-Off.html-Oklahomas state budget is made counting on oil selling for $54 per barrel it is currently at $31 per barrel and dropping - https://kfor.com/news/local/dark-clouds-could-be-on-states-horizon-as-oil-prices-drop-to-30-year-low/-While oklahoma's economy is very diverse it will be hit if prices do not rebound in the near future - https://oklahoman.com/article/5627150/state-chamber-provides-new-analysis-on-oil-gas-industrys-impact-on-oklahomas-economy-and-tax-revenues-Oil and Gas would fall under mining and make up 22% of the GDP for oklahoma see page 11 - https://www.ok.gov/oesc/documents/lmiEconIndPub.pdfThe Good The Bad and The Ugly -Good - oil and gas prices may come up if Russia gives in on this play.