On years where tenants renew leases, ROI increases to 13.8% since the PM’s 80% of first month’s rent for marketing and putting a tenant in place is not required.A couple of lessons I’ve learned during this particular purchase:If you’re scheduling a wire transfer early, call the bank to make sure they completed the wire as scheduled on time.  

They have ageeed about 50% of our current home value based on our bank statement deposits.

Explain what you're doing.

The bank will want the cstore entity, the real estate entity, and you on the hook.

Is the Bank saying no?

I bought a 4 plex for 6k fROM BANK long story.

People doing 10+ deals a year4-6 peoplePeople that want to be open and share best practices – a diverse group of investorsPeople willing to provide constructive feedbackAn initial call for everyone to explain their business model – what you are doing, what you are looking for, etc.Once a month organized calls (Skype or Google) with an agendaA shared group (probably on Facebook, Google drive) where we can share ideas outside of our meeting timesCommunication and accountability outside of the once/month meetingThis is an evolving thing and I am open to best practices and ideas others might have.

In other words, you are borrowing 80% of the rental property cost from the bank but you are borrowing another 20% on the HELOC.

I am lucky in that I have an amazing one who does no break the bank :)

And since each bank could lend their money differently....that means you may have to call ALL the banks to find a good loan for you.