That is part of the standard contract that realtors use, but a private party sale could of course be different.  

The paperwork to get them setup almost always meant my first rent check from agency would be about 45 days after lease start, so you need to float that.Tenants always paid with Money Order or cash, both required an actual visit to bank versus standard check that could be mobile deposited or ACH.Neutral:My tenants were not "light" on the property, but generally not overly hard either.  

Instead of only buying single-family homes, for example, you could invest in multifamily homes, self-storage facilities, and mobile homes.

I recently heard about residential assisted living facilities.

Its a good question and lots of resources here on BP to learn - generally going the "conventional" route with mortgage loans from private lenders that conform to GSE (Fannie Mae) standards is great for your first few, then many switch over to "DSCR Loans" when they start scaling towards property number 3,4,5 etcI recommend talking to Jeff Welgan at Bluprint home loans to talk to to learn about the conventional options https://bluprinthomeloans.com/jeff/Also feel free to check out these resources on "DSCR Loans" which don't use DTI at all and are really good for scaling:BP-Published DSCR Guide!

. 🙌 What are you most looking to get out of BPCON 2024I would love to connect with others in the large storage facility arena.

this property is zoned for office / medical facility, multi use but has a residential house on it.would love advice from the community on how to1. analyze potential2. source funding3. evaluate market value of property for purchase4. building the development team

All in all, the home is older but that is standard for the neighborhood and I have a solid amount of equity in the home currently.Recently, my dad said he is retiring and moving out of California. 

If you don't, or if you are still paying MI, then maybe you'll want to consider doing a standard cash-out refi. 

I've worked with dozens of investors who have tested both the standard and premium listings on Zillow.