@Emmanuel Ganidekam Hi Emanuelle, in order to determine profit or loss for your new deal (congratulations by the way…) we need to understand what you plan on doing with the property once you acquire.

Thank you Matthew,I am a strong proponent of investing closer to home specially for your first deal.I have acquired over 1,000 apartment units and most of them I did right where I live - in Cincinnati Ohio.

If that was my thinking, I would never have acquired over 1,000 apartment units.If I were you, here's what I am going to do.1.

I have acquired over 1,000 apartment units since then, so I am doing fine.OK to answer your question.

I’ve struggled to find better than 5.5 amortized to 30 year in a commercial loan product

Like it was stated earlier, there will be deals, also, once you acquire then, you may have to hold onto them longer, and since no one can time the bottom of the market, you may find that the value of the property goes down even more before you are willing to sell.

From the time of CLOSING on the relinquished property, the investor has 45 days to nominate potential replacement properties and a total of 180 days from closing to acquire the replacement property.Identification requirements: The investor must identify the replacement property prior to midnight on the 45th day.

Research the competition in your area, make sure you can provide services that will keep your house booked & able to run with minimal time/effort from you and if you can offer a product that guests would want...

As a rep for LVT products  for over 30 years I'm telling you that one it voids the warranty to use carpet padding under it; two any pad put under a click lock floor MUST have an ULTRA high denisity and be very then, nothing of which you are going to find in the realm of carpet padding.

I have found that people will tend to handle rent raises better when they see that it directly correlates with improved service or product.