Activities such as self-managing, handling tenant needs, monitoring security, and overseeing property maintenance all count towards these hours, even after all units are rented out.

I would scour through these forums on the Arbitrage topics as you can gain more information from these forums alone than what you will be able to garner from a single course.

@Joey Morgan if your client wants you to write subject to the existing mortgage, likely best to contact listing agent first and ask if seller is even interested, can save a lot of time if not.

You would calculate an even payment the corresponds to that and then back into your sales price and term.

If I was to rent it out I would break even or maybe even have a slightly negative monthly cash flow.

Several years ago, even with high cash flow from a business, I felt fairly locked out of the places I wanted to purchase due to endlessly rising prices and rates that required constant underwriting revisions to the point where it wasn't worth the time expense. 

That said, renters insurance absolutely should be mandated because it's NOT just for the tenant and many tenants don't even realize what it covers. 

Hello fellow investors,I have >500k commercial loans with a local commercial bank, on 7 different properties (single family houses) upstate NY, from 7.25% to 8.75% on 10 years fixed rates.

I did a few videos on them too. condo you will never make money. single family is better but hard in miami, duplex is hard in miami everything is sky high so I'd recommend building.

Even if you have to use some steel...