Hi David,Provided the offer letter is sufficiently detailed and you are otherwise not particularly high risk, we will in some circumstances fund (not just preapprove, but fund & close) on an offer letter and zero paystubs.

Would 30 days with a letter from his new employer confirming his salary be sufficient?

I don't feel "broom clean" is sufficient.

Then, when executing, make sure you plan for multiple exit strategies to have options and sufficient margins to survive the ups and downs that will inevitably occur no matter where you invest.

That tells me you are not reading good source material, or not reading a sufficient amount of source material.Some gurus and pod-casters are notorious for glossing over the realities of running a rental business. 

For example, newer construction properties are often built at a higher elevation that could negate the need for flood insurance, but if the unimproved lot was not of sufficient elevation, you would be stuck paying flood insurance unnecessarily.

Hey everyone,I find myself thinking a lot about strategy recently under current market dynamics, wanted to share with you and hear your thoughts.Quick intro: I've been investing in real estate for the past 4 years using primariliy BRRRR, managed to scale to 10 rentals and the goal is to generate an income sufficient to cover my living expenses within a 10 year timeframe.I've been constantly buying properties since 2020, cashing out and moving on to the next, when rates started climbing I just took for granted that cash flow is going to be thinner so I adjusted my underwriting (and expectations) and kept telling myself that the real money maker is appreciation, so a difference between $100 and $300 a month is not critical, so I can keep growing my portfolio doing the same thing I did in 2020 and 2021. 

A new law now allows enforcement officers to use online listings/ads as sufficient evidence to fine owners.It is estimated that there are 8,000 illegal STRs on Oahu.  

FHA versus Fannie is simple if the metrics are excellent credit, mid-to low DTI, down payment, No gaps or issues with employment and the property is self sufficient in debt service.

This is due to the FHA self sufficiency test, which is basically that for a 3 or 4 unit property 75% of rents will cover the ENTIRE PITI.