Leverage is a force multiplier: It can move a project along quickly and increase returns if things are going well, but if a project’s loans are under stress – typically when its return on assets isn’t enough to cover interest payments – investors tend to lose quickly and a lot.As a general rule, leverage should not exceed 75% of the total property value, including mezzanine and preferred equity, because both of these types of debt sit ahead of common equity in payment order.

Get programmable thermostats, set them to a scheduled heating program and keep it behind locked covers for thermostats.

It's hard to open book things otherwise since there's a lot to cover.

The 6 months of prepaid interest covers until the end of March, so I won't have to pay anything back. 

It is simply something that isn't covered.

If you buy right the cash flow could cover everything.

Deposits rarely cover the costs associated with turn over with this type of property management.

A place that was house hacked with at minimum, all expenses covered. 

@Terrence Williams they’ll want to see a net worth equal to the value of the building, 20-25% down money and anywhere between 6-9 months liquidity to cover rents if you were to lose all tenants.  

Putting maintenance free siding on the home may add some value, but it won't add enough to cover the cost of doing it.