I really like the idea of incorporating local themes like Texas, Waco, or the Silos into the interior design—that could definitely help a property stand out.

Make sure you understand the pre-payment penalty on most DSCR loans.

I am speaking at a meetup in JC this coming TUE (9-24) called Elevate and then I run meetups the first WED of every month in Northern NJ, WED Oct 2 is in Fairfield.

This is because the purpose of insurance is to restore the property to its pre-damaged condition.

But yes, lots of investors stay in sinking ships because they've become wed to the idea:

We're never going to fix this supply problem for housing unless we can juice the number of builds getting done to where its back to normal (i.e. pre boom times from 2005 to 2008).The federal government should do the exact same thing to stretch the money.  25k down payment assistance for first time home buyers who buy new construction homes as a no interest loan payable only upon sale or transfer (i.e. if the person dies and someone inherits, that 25k could be called due). 

So far in August we have $1800 booked (first 2 weekends) then a week stay from Wed-Wed The 21st-31st are current not booked.

All the pre-war charm. 

Get pre-approved and have them send you the letter so that when you submit offers you can submit the pre-approval as well.5.

Main thing for you is: - Have both you and your buddy talk to the same lender and get pre-approved to understand down payment options and what your combined budget would be- Decide how you want title held (joint tenancy or tenants in common) - do a google search on this to see which option is best for you guys- START SHOPPING!