This often means that the best deals are often very low cap rates to begin with because NOI is starting out low relative to the purchase price.  

A lot of forum members are experts in their respective fields related to real estate investing, whether that is real estate sales, wholesaling, flipping, buy and hold investing, lending, self-directed IRA and Solo 401k investing, or tax and legal guidance.There are some pretty nice discounts on many products and services offered as Perks to BP members that you might want to check out: https://www.biggerpockets.com/perks/proIf you haven’t been to it already, the Bigger Pockets blog features links to their fantastic podcast and many great articles: https://www.biggerpockets.com/renewsblog/The site has quite a few tools that can be helpful for new members.

Another related question is--when you are a prospective LL to a tenant and you say we'd like to offer you the apartment, and then you spend several days waiting for ESA documentation, how long are you actually reasonably supposed to hold the apartment for them before you just go with another tenant?

@Tiana Engstrom if you are getting good cash flow, there will be good appreciation and the property will be relatively easy to sell if necessary in the future then definitely keep the property and do a HELOC.

@Gordon D.All operating expenses related to the operation of the rental can be deducted.

Put out a policy with my tenants if you break something you pay for it. Of course a gray area....tenant claims crack in window due to weather. They are very honest,, elderly couple on SS, he does shovel some sidewalk ...

Im thinking its a pretty solid deal and I was relatively conservative with pricing.

It essentially involves discoloration of the walls and vaulted ceiling that highlights the framing of the house beneath the sheet rock.Well, I have the walls and ceiling scheduled to be repainted but now my tenants are claiming the issue is mold related and threatening to contact an attorney.

Any tips on how to choose the main bases where I want to be stationed in relation to multifamily properties?

After listening to 90% of the BP pod casts everyone has a horror story relating to property management.