I have gotten complete newbies 90% before because they had great credit and the project was nice and cookie cutter with a good spread in a B neighborhood. 

Assuming you are managing the property well and taking care of maintenance issues, there really is no benefit to either you or your resident from the inspection.  

That means that they have a separate dept to handle ordering the appraisals directly and they don't farm that out to an AMC (appraisal management company).

So for the wealth builder, a projected 20% return on a passive equity investment is better than a 10% income return on a passive debt investment.  

MANY self-managing landlords violate Florida law and don't even realize it... they just get away with it because the tenants don't know. 

I am curious what expenses others pay through their property management LLC on behalf of their rental properties.  

Hi Ismael,It's great that you are thinking ahead and properly managing risk.

These mortgages can be assumed, however, and are non-recourse (if your name is a musical instrument and you were a reality TV star, and made cameo appearances in WWF, this might be the type of mortgage you get for some of your projects, which might ahem wind up being front page CNN news). 

My case is a little bit tricky and this is my first project.

If the home sales start to increase it would be around late 2025 so by early to mid 2026 that would be your window to refinance and pull out some equity.You would probably see the rental market increase by late 2024 as the initial plant managers and workers move to set up shop.