I'm sure there are some year-round multi-families there, but I imagine it'd be more stable/comfortable/cheaper to own that kind of property off the cape (?).

He is comfortable with me, but not with an end-buyer who isn't known yet.

Now I feel way more comfortable.

Each bank questions my debt to income ration stating they do not feel comfortable with what I make yearly.

Here is the number and scenario.Purchase price: $255,000Unit : 7 units Bedroom: 5 ( 2 Bedroom) and 2 ( 1 bedroom)Occupancy: 6 out of 7 in the last 6 monthsIncome: $55,200Total Expenses $21,657Expenses as % of GOI 39%According to the local lender, 80% of the appraisal or 205,000 for a first loan. they are comfortable that seller carry second as soon as 1st and 2nd does not exceedi 95% of the value.Seller agreed to carry 45k for 36 month @ 9%.

I'm frustrated that rent manager isn't more accounting friendly.In my opinion, using separate accounting and pm software is redundant but at present I haven't learned enough about rent manager to be comfortable ditching accounting software.  

New folks want a deeper discount because they still are not all that comfortable with the asset class.

The property is only $100K and yes, I would be comfortable with the current rent.

Morning Team,I am a military member who has a small portfolio of homes and after joining the site i have really been scouring a few markets im comfortable with for that perfect multi-family.

I'm a new investor and would feel more comfortable pulling the trigger on deals if I had the backing of an appraiser.