We just need to weather the storm while prepping for military retirement as well. thanks!

get more micro. we define a zip code as a market. there are about 7 zip codes in the city of columbus that we work in as well as about 15 in Miami. we look at the average housing unit delivered and try to develop under the median and average home or condo where there is a lot of absorption. that is mostly through smaller Floorplan design, smart floorplan design, etc. new construction and development you also have much more control over the overall development just my 2 cents. if you are just buying existing it's going to have some issues 

Yes, they have rent controlled tenants here in NYC, and our family invested in San Francisco as well, got a 3 family with a "protected tenant", and there's nothing we could do.

We obtained personal guarantee of Pastor for this location as well as manager of LLC who is Secretary of parent organization3.

@James LuctamarYou should mention what neighborhood your property is in as well.

You can also offer short contingency periods that start when the offer is accepted so they can be out of the way well before the closing period.

The Texas LLC receives royalties from Texas oil wells.

I'm done rental comps through Zillow, FB Marketplace and here on BP and it seems we could get between $1900-2500 for our SFH so we thought we would start on the high end and see what happens.I can't find the KPI test online but I've done the MBTI (on the Shorewest site) and the DISC personality quizzes and I feel encouraged that my skills and personality will be a good fit but of course also very curious to give it a try and see how I do in the long run, maybe I will be exposed to other roles that would fit as well.

I could understand if I was looking for hard money or private lenders but I figure if one bank would approve a conventional mortgage on a property most other banks would as well at the same or similar terms right?

All rental income is subject to ordinary income tax rates as well, though it is not subject to self employment taxes.