I work with new long-term rental investors and help them understand DSCR requirements, rental underwriting basics, and the difference between buying “cheap for cashflow” vs “better area for long-term appreciation.”If you ever want help running numbers, evaluating a potential market, or comparing how lenders look at different deal types, feel free to reach out.Louisville, Indy, and Wichita all have pockets that can hit that 5–10% CoC you’re seeing, especially under 100k, so you’re definitely on the right track with your research.Happy to help however I can as you get ready for your first purchase.

I always get the landlords email and email them with the basic questions of verifying the data listed on the app.

The really good stuff was basically invite-only, you had to know somebody and it seemed like there was a small group of well-established and well-funded players operating in the space.

I have done some basic calculations.

Two quick tips: define a simple buy box now so you’re not chasing everything, and test Florida vs out of state by running the same 3–5 deals through a basic cash flow calculator, then sanity‑check rents and expenses with a local property manager in each market.

.- I received a quote of $800 per room for basic touch-up painting in a 1,200 sq ft property—very high, and I have no alternatives since it’s out of state.- They charge extra for handling evictions.- One PM deducts $800 from the security deposit at move-out as part of their “policy,” which isn’t tenant-friendly or transparent.To be clear, I’m not saying PMs don’t add value—especially when I don’t want direct contact with tenants.

We are basically at 2008 levels. 

Being firm when needed is part of the job, but experienced operators know when common sense and basic human understanding lead to better long-term outcomes.As a side note, Mike hit on your reserves.

If you get it now you are basically grandfathered in.

I’m a landlord who tried TurboTenant because they advertise “free” listings, but the experience has been frustrating and disappointing from the start.Support is basically nonexistent unless you pay.The free version only gives you an automated bot, which is useless.