That is NOT a recorded lien BUT it affects title to property and sticks to the property after the sale.

Quote from @Drew Sygit: @Helena Goyvaerts it will be tough without 2+ years of USA tax returns showing you are profitable.Higher interest rates have negatively affected most lenders and many of them are getting more aggressive with offering more flexible programs. 

.- Or they complain they are max'd out or complain about the property condition.Roof & siding don't really affect rental demand, so put those off as long as possible.What interior improvements can you make while the property is occupied?

One thing I’ve seen repeatedly is that most underwriting mistakes aren’t spreadsheet errors - they’re assumption errors that go unchallenged.A few that tend to show up only after someone has been burned once:• Treating in-place performance as “temporarily bad” instead of asking why it exists and whether it’s actually durable• Assuming value-add execution speed without factoring in operational drag, leasing friction, or human error• Believing future upside will be underwritten the same way current income is - it rarely is• Underestimating how aggressively lenders normalize expenses, reserves, taxes, and insurance compared to investor models• Thinking a strong sponsor or guarantor can compensate for weak cash flow under stressAnother big one is timing.

I know this is a lot but additionally, I am curious to know how the number of beds/baths affects the overall result in terms of cash flow for both single family and multifamily.

Then you can rinse and repeat with each deal. 

I normally try to keep in mind year over year changes that will affect my numbers though (abnormal weather, road closures, political or economic situations, etc etc)

You buy, rehab, sell, repeat.

Value is driven by NOI, so if a unit isn’t producing market rent, it affects income, value, and investor returns.If it’s a smaller commercial deal and you’re not raising capital, it’s more of a personal decision.

In real estate, especially post-reset, the advantage is slow, stable acquisitions that cash flow modestly but consistently.House hacking your first property, stabilizing it, then converting it to a rental and repeating the process is still one of the most reliable long-term plays in Texas.You clearly understand operations and risk.