I find that most towns just want owners to rent responsibly, which I can understand.

If your loan officer doesn't understand a loan assumption, get a new loan person!

If you are selling $100,000 homes I could understand agents holding on more.

Probably best to go local on this for someone to be on the ground and really understand the property and project from the lending side, rather than a national platform

@LaShanti Penn one of the biggest mistakes owners make is not understanding the different risks with different Property Classes.They often look at cheaper properties that are Class C, but expect Class A results.Recommend you first figure out the property Class you want to invest in, THEN figure out the corresponding location to invest in.When investing in areas they don’t really know, investors should research the different property Class submarkets.

Definitely look up local rent control laws and understand what you are getting into.

As someone eager to learn and navigate the complexities of real estate investing, I believe your guidance could provide invaluable direction.I am particularly interested in understanding the best advice you received or discovered throughout your real estate investment journey.

I would look for a 2 to 4 unit property in a solid improving area of town.

right now its more looking like a solid 30% down providing 100% of construction upto 65% ARV .

I would recommend you find a fire restoration company/contractor to walk the property with you and give you a good understanding as to what needs to be done.