Moving in and out of them and having them available to raise cash for the next turnaround project is key.

At any time either party can pettition the court to raise or lower their payments based on a significant change in income.

They have been raising money and doing deals fairly recently so they never been through a down cycle.

Even the mailing services are raising prices or tiers to get best prices because they know it.

So we went with a hard money loan and raised $110k from investors.

Most of us who invest in those assets acquire these properties through syndication, raising capital from passive investors & splitting the return with them.

Get on some wholesaler lists, find listing agents with deals, and find out if you can raise hard money loans and eventually private money loans. 

Idaho -is supposed to be fairly landlord friendly as well- there was a little talk in October about a plan to set up security deposits in a State Bank, in the tenants' names, but beyond that I think unless it's outlined in the lease you can raise rent as needed (# of times), pretty streamlined eviction process etc.Washington -I think Washington State is more landlord friendly as well- maybe bigger city exception like Seattle- I don't think Spokane though.

Even though there are lender who will do DSCR loans down to .8, that is if you are going to do some rehab and raise rent. 

@Carlos SilvaI’m in the DFW and I’m raising rents.