What are some typical numbers or percentages you’ve seen in practice

What sort of red flags does this raise?

That being said, bigger banks typically are a little tougher.

Do they use an ap of some sort with geo-tracking or do they send an inspector out.

These loans are typically sold to institutional buyers or securitized.The originator makes money on yield spread and points, similar to a traditional mortgage lender.And the institutional buyer absolutely cares about credit score.

Dividend payments are determined by the board and can be adjusted over time (unless you invest in preferred shares, typically at the expense of appreciation).

I typically will increase the rents on all the units to 90% market rate hoping that they'll stay (they often do) so that'll save you money on the turnover while getting close to FMR.

I've have a hard time finding investor friendly agents that have created strong success without doing the typical sphere of influence.

Re: Chicago, two are actually doing ok, but we need to raise rents a bit (we haven't in awhile), one is losing money but sadly it's the newest so sort of harder to give up on - it's been special assessments making it a big problem.

The title companies handle the closings which typically is an attorney.