So now we have it, a nation of batteries whose sole mission in life is to make money for other people, and that's why rent control legislation and other measure to curb the greed and cupidity of landlords who can't help themselves from "maximizing their income per tenant" are going in everywhere.

@Nat Chan you should reach out to the local zoning board, or find a local land use attorney. 

National banks (BBT, Wells, etc.) typically require 6-12 months seasoning before they will refinance.

Hey Paul,There are plenty of local private money and hard money lenders as well as national lenders that will lend 90% of total cost (purchase price and rehab).

Yes, we are turning into a nation of renters pushing user demand for multifamily product to historic highs.

The other thing I found, is investment cost is all over the board.

Hey @Damian Spears, there are quite a few companies both local and national that do property management so there is a lot of competition.For the 15-20% you are planning on charging, does that include cleaning and repairs at no extra cost to the owner? 

Fannie Mae is the Federal National Mortgage Association and is solely for purchasing FHA and VA insured loans from primary markets.

She is on board for this. 

Doing the math if you managed 100 properties and 70% of your rents had pets per the national averages.