My goal is to let rent fully cover my monthly loan payment and generates couple hundred positive cash flow every month.I am considering to buy a house around 200k with some mild renovation need to be done.

They are the ones that know how to write up loan docs for private loans. 

With 5% down conventional loans and FHA loans, buying a property with two or three units can cost less than $30k out of pocket.

With the landscape constantly changing, it's vital to adapt and find innovative ways to not only reach buyers and sellers but also close deals efficiently and effectively.Here are some strategies I'm looking to discuss:Digital Marketing: Have you transitioned to an online-first marketing approach?

Property: HereComp: Here (Sold on 8/1/2022 same street)84 Grangerford Hts, West Henrietta, NY 14586Listed : 100kHML at 80% of ARV (240k) = 192kInterest only payments (10% interest)(192k x .10) /12 = $1,600/monthPoints = 2 (192k x .02) = $3,840Loan origination fee's = $1,000Additional monthly holding costs:- Taxes (5k/12) = $416- Insurance = $60- RGE = $120Total monthly = $596Duration of rehab = 6 monthsInterest only ($1,600 x 6) = $9,600Points = $3,840Origination = $1,000Holding costs ($596 x 6) = $3,576Total Holding costs = $18,016Loan amount of 192k:Subtract:- Purchase price = 100k- Closing costs (4%) = $4,000- Rehab = $50,000Totaling = $154,000Remaining balance on loan= $38,000Sale at $240,000:(-) (Realtor fee's (6%), closing costs (4%)) = $24,000(+) $38,000 Remaining from HML(-) Holding costs ($192,000 + $18,016) = $210,016Profit ($240,000 + $24,000 + $38,000 - $210,016) = $43,984 - (capital gains at 22% completely estimated) = $34,308Buy and hold:Appraised at $240,000.

Affordability..are you approved for a loan (what type) does lender know you are looking at condos?

10% second home loan though Northpointe Bank - Jeff Chisum & team.

Currently, they are posting to the loan liability account only: From the loan account > draw bank account as a transfer in QBO.TIA!

If the software is not simplifying your life or making you more accurate, you shouldn't use it.Software does have extremely helpful features like online payments, marketing syndication (click a button and your property is advertised on multiple sites), electronic document review/signing, maintenance tracking, and owner reports.

They have been late twice last year (2016)  for the months of April and June, due to his layoff and I agreed to somewhat modify their loan, so these two are added to the end of the 15 year term.