TIADoesn't seem worth forfeiting your autonomy.

Many lenders will charge additional rate increase if loan is under $150K.

These considered, not sure the potential extra profit would be worth the hassle.

I agree with rents, especially with the increase of developments pushing "non-luxury" unit prices down.

I talked to a BP agent from Yuma a while back and he says there are 30,000 a week coming through just there - that they make contact with, doesn't count the 'gotta-ways'.So my guess is that it depends on who ends up in power...if the current guys continue, I would see huge tax increases to build housing for the illegals.

This can add to your expenses, but can also help streamline the management process and increase the overall value of the property.Additionally, larger apartment buildings may come with more regulatory requirements and tenant issues to navigate.

If you have large reserves or long track record you probably can get 80% LTV cash out with a 3 year prepay and the rate increased for the exception.

Take in-place leases and expenses, forecast stabilized rents and expenses, understand the financing requirements (LTV, DSCR, reserves, net worth, liquidity covenants, etc).  

Instead of being able to rent for $900 I will only be able to get $500 plus the increase in the usage of electricity which I will have to bill separately as adding a separate meter would be more expensive than I’m looking to spend at this point.

If you're not having luck it could be worth going to the hospitals in person and bringing some info/pictures of your listing