"Better safe than sorry... learned that from almost fumbling a deal once, lol."
Yep, been there myself—almost lost a solid deal because I overlooked a sneaky HOA fee that wasn't clearly listed upfront. Definitely agree about verifying expenses early. But here's a question: how often do you all find lenders pushing back on your rent comps? I've had lenders get pretty nitpicky, especially lately. Seems like they're getting tougher about accepting comps if they're even slightly outdated or not super local.
Also, curious if anyone else digs into vacancy rates or factors them in upfront? I've found that lenders don't always ask directly, but knowing the area's vacancy trends has saved me from some overly optimistic assumptions. Maybe I'm just overly cautious, but I'd rather have the extra info handy than scramble later...
"Maybe I'm just overly cautious, but I'd rather have the extra info handy than scramble later..."
Nah, you're spot-on. I've had lenders push back on comps that were barely a few months old. Vacancy rates aren't always required, but knowing them upfront has saved me headaches too. Better prepared than blindsided...
You're definitely thinking ahead—smart move. I've seen deals nearly collapse because someone didn't have vacancy or market data ready. Sure, lenders can be picky, but having extra ammo in your back pocket never hurts...
