I've included an example below to help illustrate this.So different lenders have different rates (which do vary even for DSCR loans) but these are factors they all consider.See example below:DSCR < 1Principal + Interest = $1,700Taxes = $350, Insurance = $100, Association Dues = $50Total PITIA = $2200Rent = $2000DSCR = Rent/PITIA = 2000/2200 = 0.91Since the DSCR is 0.91, we know the expenses are greater than the income of the property.DSCR >1Principal + Interest = $1,500Taxes = $250, Insurance = $100, Association Dues = $25Total PITIA = $1875 Rent = $2300DSCR = Rent/PITIA = 2300/1875 = 1.23If a purchase, you also generally need reserves / savings to show you have 3-6 month payments of PITIA (principal / interest (mortgage payment), property taxes and insurance and HOA (if applicable).

There are plenty of varying job opportunities in the real estate industry.Ask yourself: What skills do you have?

Hi Michael, I'm not sure about IN, but where I invest in OH, it varies by neighborhood.

This is going to vary widely depending on the strategy and real estate asset class.

DSCR loan guidelines vary from lender to lender.

Weather differs depending on where properties are located and even snow accumulation within the same geographic area will vary year to year.

(Process varies by jurisdiction)  If they know exactly when it is being removed, they can come rescue important items.

The tax treatment in such cases may vary depending on specific circumstances.

Curious if 1031 Exchange laws vary by state, or if it is just federal legislation.

@Jerry Tello I should have mentioned the laws and how they affect your returns vary tremendously from state to state, and sometimes county to county.