Getting an FHA loan would be simple and there is great cash flow opportunity.  

Take a simple example$250k home with 20%down @ 3.5% = $898/month of P&I (now)$250k home with 20%down @ 6% = $1200/month of P&I (5-8 yrs ago)Clearly there is a big difference of $300/month or $3600/yr… or to state it a different way the interest rate alone accounts for a 1.4% expense difference ($3600/250k).

We have amazing 1st floor tenants and I think we are comparing everyone to them which is sort of hurting our judgment on people.Tenant A:Young couple (mid 20's) with a child who is about 9 months oldMake over 3x rent requirement and have 600+ credit scorehave been living on their own with rent less than what mine isonly guy works, girlfriend does notThey want to move in for July 1st (because they want to give their current landlord 30 days notice, plus need to have time to get money to move in - first, last, security)No major red flags here, pretty basic coupleTenant B:18 year old fisherman and his 17 year old girlfriend/fianceHave been living on their own, paying $200 more a month for rent (looking to downsize)He makes anywhere from 2-5k each trip out, which would be more than enough to cover rent, she works at Taco bell, but really she doesn't even need to work in order for them to meet income requirementsvery enthusiastic about moving and will literally move in tomorrow if they could. 

But I have trouble believing the numbers support it any longer.Eric No bare with me I am a very simple person and not the sharpest person on BP.

If it is a simple repair then I don't see a problem, but if the electrician tells me that it needs to be upgraded, my thought is what did they do the previous years before I bought the house.  

Hello to all.Life is too short to deal with bad servicers, bad lenders and companies that don't care.Servicing should be simple from the clients perspective...and it should offer the client a combination of great CS, confidence in their operations and a solid, interactive technology platform. 

There are a few companies that just provide the simple rental application.

Contacts as a wholesaler should be simple!

The listing agent is also very motivated based on the amount of time spent working this property knowing that their hard work may not pay off literally.

I suggest keep things simple and look for alternative investment options.