#1 with the mortgage company who is doing their 1st lien, to see what they will actually loan on $500,000 purchase price, #2 if they will allow 2nd to bring them up to $500,000 with no down payment

We are actually getting ready to close on an acquisition in a couple of weeks, and also merge into our existing office.

Multifamily rentals help add the extra protection against vacancy and they typically always debt service themselves.You can also focus on amenity style homes or locations to increase your STR ROI and focus on either turn key or TLC properties to speed up the ARV potential.

Consider the services they provide and the quality of those services.Remember: cheaper doesn't mean you'll make more money.Start by going to www.narpm.org to search their directory of managers.

The houses are expensive, the rents haven't caught up, the int rates are through the roof, and the rent alone cannot even cover the operating expenses and debt service, nevermind turn a profit.

Once you're actually looking to buy, aim to get a property with only cosmetic issues, in a decent area that doesn't have bad tenants.

I'm tracking expected (AirDNA) revenue vs actual and it's been pretty spot on so far.I own other rentals in Eugene, let me know if you want info on the market.

There was no actual permit pulled, I think he was trying to get out of pulling anything till I asked.

Just make sure it's actually not what you want....if you put another $10k into it would it then be perfect?

Then when you pay your mortgage every month to your mortgage servicer there is a field you can add extra every month for your escrow. that way the next year your escrow account will not have to double up to catch up.