To avoid going through the same poor experience, keep reading.Even if someone gives you a referral here, do NOT make the mistake of assuming that the PMC will meet your expectations, just because they met the expectations of the referral source.In our experience, the #1 mistake owners make when selecting a Property Management Company (PMC) is ASSUMING instead of CONFIRMING.It's often a case of not doing enough research, as they don't know what they don't know!

We can make them work and drive better NOIs than all TOHs parks... we just have work a little harder than they like to.

*Hibid.com is online local auctions that you can bit on and then drive to pick up your purchases.

Because of his experience, he knows plenty of people that he has worked with in the past that I would hire to renovate.

I think a short-term fix-and-flip loan would serve you better because, first, the credit requirements are typically lower than a DSCR loan's credit requirements, and fix-and-flip loans will fund a portion of the purchase price as well as some or all of the rehab costs (usually through the draw process).Right now, saving your cash, rebuilding your credit, and finding both a partner (ideally with a higher credit score AND experience) and lender you're comfortable with should be your priorities.

Students still come despite remote classes because it is an experience.

We would love to hear from someone with first hand experience in this market.Thanks

Do DSCR loans require an appraisal (drive by or actual)?  

It has seen significant growth, especially with tech giants like Intel, Meta, Amazon, and Google setting up operations, driving up property prices and job opportunities.

Since you are a casual landlord who never intended to originally become a landlord and because you only have a couple units you're never going to get enough experience to become proficient and therefore are more likely to experience negative tenant situations. 2.