I just bought my sixth property and State Farm is telling me they have a limit of covering a maximum of six units for an individual.

Purchase price: $63,000 Cash invested: $23,000 bought for 63k as part of a 2 property deal from my handyman. 23k in it in closing costs and rehab.

Although I haven't maintained a credit score stateside considering I left in 2010, I can qualify based on my finances where I live.

Just my opinion.

But to date, I've just set my rents at a rate that accounts for me having to pay the water bill - and informed the residents that each year I'll increase the rent based upon my expenses (including water), so keeping the bill down helps me to help them.But one problem this could cause is if increasing the rent to cover the water bill then places your rent above the market rate.

Quote from @Cole Johnson: Quote from @Scott Scoville: Quote from @Cole Johnson: Hey everyone, I recently got my Real Estate Agent License in California.

My question is why are you looking at OOS? 

My tenant is asking about Rent app, flex app, zenbase, livble. 

I've stayed within this niche moving forward which has helped me to focus and find deals easier due to my familiarity with the niche as a local investor. 

I've dealt with this exact same situation, and ontop of everything I was dealing with the Section 8 housing authority because my tenant was a voucher holder.