You probably don't need to purchase accounting software (e.g.

Here is an analysis with my software.

In the smaller space you do not need loan guarantors, syndication attorneys, investor management software, etc.Please reach out if you have any questions about either bucket, I came to a similar fork in the road and currently do both (invest in small deals with personal funds and partner in syndications with experienced operators).

My current(primary) home in LA is being rented out and has been since the start of the year.In the application I turned in I still wrote it down as a primary residence even though its a rental property with two tenants.

The lender/client may disclose or distribute this appraisal report to: the borrower; another lender at the request of theborrower; the mortgagee or its successors and assigns; mortgage insurers; government sponsored enterprises; othersecondary market participants; data collection or reporting services; professional appraisal organizations; any department,agency, or instrumentality of the United States; and any state, the District of Columbia, or other jurisdictions; without having toobtain the appraiser's or supervisory appraiser's (if applicable) consent.

Now of course, my discount is only applicable if they pay on time, otherwise they owe full rent.

Currently, we are still seeing the leasing department slammed with applicants still wanting rental homes.

But also remember the 1% rule is more applicable on the east coast than in the midwest, your cashflow numbers are not likely going to look near as good as Kansas or other markets such as Birmingham lol.

According to a lender poll we just conducted, in the past two weeks about 50% have stopped taking new applications.

Let people pay online, process applications online.