I’m currently reviewing a fully occupied mixed-use commercial building with 8 SRO (Single Room Occupancy) units but have never dealt with this type of property before.

Hi there, Is there any chance you can pass on your property manager info?

As an added bonus tenants like to complain about what is wrong with a property, and sometimes the landlord doesn't know about the things they mention especially if they are long distance and have a PM.

He was never even a good salesperson (pushy sales tactics are often taught by gurus but simply don't work for most personalities, Jordan Belfort of all people called him out on this during an interview that was very revealing), and his real estate syndication funds are now rumored to be total scams (he allegedly buys the properties separately beforehand then marks them up millions before selling them to his fund using his investor's money, like a wholesaler basically but taking $50M fees from investors without disclosing it.

Hey @Colin RawlingsI just got back from speaking at the North Carolina Real Estate Investor Association in Wilmington, NC about financing.

Question for our lending experts…If I sell my investment property “Subject To”, is my current debt on the property counted towards my DTI until my loan is paid off in full?

I factored the cost of that capital into my calculations from the start (working the numbers backwards from the ARV to the purchase price)(this also encouraged me to buy the properties at a lower cost). 

You should wait until you see 5 to refinance in my opinion and use your income, which must be good, to work on an investment property.

I found all sorts of things to reference for an eviction including excessive damage to the property, signs of an animal, lack of yard maintenance, oil spill on driveway, smoke detectors removed, the unit smelled of smoke, appliances that came with the unit moved off site ect... 

Whenever you close on a property, one of the first things that should be done is to check for a leaky toilet and replace it.