Wauwatosa is a top choice, Washington Heights offers a similar feel minus the school district and at a lower price point.

It is YOUR choice but I do It…. anyone paying that little in rent will come out with the waterworks in tears to get you to not do it.

Just do your research and make wise choices.

Income/GRMs tends to vary widely in 2-4 unit properties and is not very consistent in my markets and therefore, typically doesn't seem too meaningful in my 2-4 unit reports.Won't the lender make the choice to lend on Comps or Income (???)

It also looks like Rent Redi is a good choice to manage properties, especially with it being free through BP. 

@Ryan Kempkens Thanks for clarifying the wording, I don't sell the product- and I do the Paid up additions---  its been great.

@Jordan Moorhead @Ryan Kelly@Joe Scaparra One of the metrics I have mentioned in prior posts is the actual PITI cost to the buyer may forecast a market bottom.

I can go LTR as we have had it for some time but prefer to have the choice. 

If so, then a cash out loan would be the obvious choice here. 

I just had a client that chose a higher rate to change his prepay penalty from yield maintenence to a step down prepay because that was a better choice for his exit strategy.Lastly. when you are looking for a lender, look for someone that works for you. not for a bank.