They all produce the same occupancy rate.

The 73% occupancy will be a finance challenge but it is still in the range of what most banks are comfortable with.  

In this market, you should be looking at strong markets, value add opportunities and B/C properties that poses much better downside risk protection in any market (vs Class A new which is more subject to layoffs impacting occupancies - see Houston data).  

Hi Jenny,There are lots of ways to acquire properties without banks, but it sounds like your strategy of occupying properties is to take advantage of owner occupant financing from those very same banks.  

This was a ton of work and luckily we are both pretty well versed in such things.Because we did almost all of the work on this ourselves, carefully sourced the labor for those things we needed help on and purchased materials in the most penny pinching method you can imagine, our total rehab costs were $14,568.36 making our total investment $27,729.26.This was a very tough neighborhood but one that did have a good number of owner/occupants scattered among a fair number of renters.

I usually included the basic details like address, #beds, #baths, sqft, age and occupancy, ARV, estimated repairs and my wholesale price.

For the wholesales and very minor rehabs, it's $6,436.About 80% of my deals are rehabs that are resold to owner occupants; about 20% are wholesale deals or very minor rehabs that are resold to investors.5.

Plus some of the colors the previous occupants selected were, errrr, how do I put this delicately.... bright and tasteless.

They will usually have seasoning requirements of 6 - 12 months of continuous occupation for rentals.Is it for a recently Rehabbed property (BRRRR strategy)?  

Check every month of the year on calendars and occupancy rates.