Spend a couple hundred dollars and have an attorney draft a f*** off letter. 

Even though it did not go as planned and we turned out to not be profitable, I think it's just as important to talk about our failures as much as our successes.

My current home was a duplex at one time and I was planning to keep it and rent it as one.

Based just on your DSCR calculations, it appears this property is significantly under-performing, or if it is operating well, then it is significantly over-priced.If your plan is to reposition the property, then you need a bridge loan or private loan to acquire and manage the property. 

The last thing you want to do is have a long work day and then have to spend some hours on your rental properties.Hopefully you make good money given your credentials, position and the firm you work for.I would try to make your real estate as passive as possible.Try to find a third-party firm that can do as much as possible for you.Maybe you can find the property and they can do everything else from managing the rehab, finding a tenant and managing the tenant.Best of luck.

Planning the BRRRR it, should be able to rent it for $3,700 is my expectation.

Monday (Memorial day) Tenant texts me at 8am asking what the plan is for the mailbox key saying he has a prescription coming and he really needs it.

We plan to sell this home and buy a new primary residence next year.

For example, instead of putting down 25% on one property, they put 5% down on 5 properties to spend the same amount of capital. 

Hi, I am new investor and just got my first cash offer accepted for an investment property which I am planning to use for a long term rental.