Take a look at the Cleveland and Dayton areas in Ohio, where you can find a turnkey and section 8 ready single family homes under $100k.I can help you build a team here in Ohio to get started.

Plus as you grow you have all your old data and you have the systems in place from the start.The only way I'd suggest using no property management software and just using excel or whatever to track rent income is if you just had a few single family homes or something as a hobby.

I recently ran into this question with my remote multi-family property so want to see whether people have any thoughts or what should be normal practice.I hired a local 3rd party property management company to help me monitor operations, manage payrolls, and handle issues for my remote multi-family property.

The best ways to generate leads are:1) Your personal database (friends, family, your friend's families, etc).

Look for a large single-family home or multi-family property in a good neighborhood with a strong population of renters (college students, hospital workers, etc.).

Investment Info:Single-family residence fix & flip investment.

If you are looking for lively, family-friendly communities with great amenities that are popular with guests year-round, we have lots of those.

I'm focusing on multiple family buildings and I own two duplexes and a sexta-plex in Mt.

 Hey BiggerPockets family,I was just approved for an owner occupant, Fannie Mae, 5% down with a purchase price of $1.3 million for a 4plex in the Phoenix Metro of ArizonaMy middle FICO credit score is 759My current DTI debt to income ratio is 30%I have enough down payment, closing costs for the subject property, and enough liquid reserves for all 10 of my apartment buildings totaling 45 units in PHX Metro AZmy mortgage lender quoted me with a rate at 8.125% with me paying 0.156 points totaling $1,920My question is,does this 8.125% interest rate sound reasonable for an owner-occupied fourplex 5% down Fannie Mae conventional loan as of March 27th, 2024, at 1700 hours?

I have been managing family property with my husband the last 3 years.