They were not terrible, some people would call them C minus, and it wasn't even that much about financial considerations at the time (appreciation was not a thing back then in Milwaukee) but just not what I wanted to own or manage, so I sold them to them tenants - after quite a bit of financial coaching to get them to qualify for a loan.My standard advice is always to buy the best quality property you can afford.

How long must you wait before being able to rent out a primary residence property from a lending perspective?

Educate the land owner on the potential profit run the numbers and go over the basic proxy and blue prints.Make sure you have a seasoned and qualified Builder/GC because they can be a deal killer with wasted time and inflated material and extended completion dates.

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

The buyer is qualifying for the loan just as if he were the originator of the loan.

By being physically present, you can gain valuable insights into the property's operations, interact with residents, and assess the team's performance.

DSCR loans let you qualify based on the rental income of the property rather than traditional income verification.

Investment Info:Single-family residence buy & hold investment.

@Miguel Del Mazo I “gift” my residents a small discount on their January rent.

Investment Info:Single-family residence buy & hold investment.