If you need 4.5 to 5% interest rate  to make them cash flow then underwriting appears to not be properly done.

You can do a lot with prefab but it might get expensive if not designed properly.

Valme I recommend that you get your real estate license and find a brokerage to work for, most of them have real estate training programs at the brokerage, also you will have to take some courses and a test to get your license.

In NY, they are not licensed to do business and have no insurance agents.

If worded properly, you can look for non-smoking, graduate students, for example, but you can’t advertise for “responsible students over the age of 24”.

In Albany, I believe you need to hire a licensed plumber to do your plumbing.Is it possible to do some of the work myself - for example laying out a new network of Pex tubing, and then hire a licensed plumber to do the last bit of "clicking it together?"

Notably, I’m not a big fan of creating deep vertical structures (i.e. where one LLC owns a subsidiary LLC that owns a sub-subsidiary LLC, etc.) unless you have a very good reason to do so.Disclaimer: While I’m an attorney licensed to practice in PA, I’m not your attorney.

You can hang your license for free and just pay a per transaction fee of around $550 for any deal you do run through the brokerage.

We ended up sacrificing one house by letting the bank take it back because we could no longer maintain it properly and pay the mortgage.

Why do you need a license for pm?