Property Management: 10%I also use PITI based on actual insurance quotes and estimated property taxes on property value AFTER the sale.

The only experience in real estate is the investor relations representative who had 20 single family units (note this information is based on the website of the sponsor).

I can flex the rent based on bookings and area demand.

I'd hate to see you start with a BRRRR for your first project, take on something too big to chew off and go bankrupt and/or spend a year and a half on 1 project when you could have done 5 single base hits in a given year and built up a whole lot more networth in my opinion.

@Alan Asriants agreed, the vast majority of off market deals I see are in class D neighborhoods, the low price points make this market unattractive for a percentage based compensation. 

If that is the case, and a 4-unit is in your price range, I would consider jumping in and owner occupying one unit in a 4 unit building and renting out the other 3.   

Both businesses are based out of Montana.  

The challenging tenant irrelevantly refers to the other tenant’s sex life when confronting them.Multiple tenants have independently expressed similar complaints about the challenging tenant.Reading the lease ( Copy of Lease ) more carefully, we realize now that it could be stronger in areas of being able to terminate the lease - a lesson learned for future tenant leases.The challenging tenant’s lease ends in August 2024, but we were wondering if there is anything that we can do to terminate her lease early based on the lease that we signed.

Hi I’m Adrian based in Richmond Virginia!

I know everyone likes the convenience of the web, and they are tired of hearing it, but this really is a business based on relationships, not online anonymity.