Here is the backstory: I started buying single-family homes in Milwaukee 15 years ago and pretty soon migrated from C into B neighborhoods ("A" would be 500k plus here) and some of my friends invest in larger MF so I thought that's the next step for me as well and started shopping for a commercial deal maybe about 50 units.The issue is that I did not want to go into the affordable housing space and assets in the quality I liked were so insanely high priced that I would have needed 40% down to meet DSCR guidelines - not to mention rehab cost to bring it up to our standards.

Welcome to the site @Teylor Seals!

Distributing or posting any of CAR’s forms and contracts is a copyright infringement and a violation of the terms of use of our forms.

That being said our early lease termination policy has been well received by our tenants:- Tenants pay a fee of 85% of one month's rent.

Q3) If it's a loan from our parents that we are paying off, who holds the title to the home?

In our experience, the BEST construction and rehab teams know and do the following: A.

We used Verivest and recently were forced to switch fund admins by our bank and switched to NAV.

Our tenant text my husband today saying that he's vacating in a few days.

Currently we use a mixture of HML & PML, with our PM mostly from friends and colleagues.

@Jeffrey Richard there are restrictions is certain cities, communities, ect but as long as we do our research we can plan and budget for it all.