@Cody Skiles no idea what your PMC is referring to.S8 does NOT inflate COMPARABLE rents!

If you wanted to do that, you can probably take what you were doing previously and compare it to the City's screening brochure:  https://www.portland.gov/sites/default/files/2020-02/phb-rso-brochure-screening-v8-spreads.pdf?

Here is a summary of the book.https://www.nateliason.com/notes/long-distance-real-estate-investing-david-greeneThe book also mentions the importance of having a rockstar Realtor, contractor, lender, and property manager.

You would probably need to contact the lender.

I think that 25-30% is outrageous unless the company is doing an outstanding job increasing your occupancy rate compared to AirBnB, HomeAway/VRBO and other popular sites for properties in your area.

To better explain what I'm trying to say, let me give some examples:One investor might have his “buying artillery” or “buying depth” (still looking for a term to describe what I'm saying) as;1. having a private lender and,2.

Just got denied lending from a supposed HM lender due to the source of the down payment coming from a personal loan.

The tenant guideline is 1/3 the tenant's gross qualifying income, which is subsidized and they may pay for higher rents not to exceed the FMR mean of comparable housing in that MSA.

Work with your lender on going back to the appraiser, noting material defects with the report, and also pushing back on the comparables that they used.

Hi Mike,Did you ask the lender how much it would cost?