My guess is that by the time you pay your extra pm, cleaning, and maintenance expenses, there will be very little left over from the extra you were able to charge (making the feasibility low).

If the seller is carrying and not charging points (ie: directly profiting from the loan transaction itself) then it works.

That certainly gets their attention and initiates a phone call :)Good luck!

I plan to use it as an initial strategy to make connections and raise capital for bigger deals.

I'm in a good credit situation and have disposable income to make the necessary initial investments to get this going.

I try to have at least 1 year leases initially on each house to reduce needing to rerent, and the touch up you need to do inbetween renters.

So, it was likely a combination of small things, or perhaps something you missed initially?

We have a couple of consultants here, both consult the public and sort of a glorified real estate broker, but they also charge hourly fees in certain matters.

I'd say you probably don't need to worry about it for a rental at least not initially, though you may want to install them later.

That way you can initially buy/hold/finance in your own name if you want without the IRS taxing your rentals as inventory.