Make sure to run the numbers on DSCR, CoC return, and cap rates to ensure profitability.

And you can be a landlord that gets a very poor return because they haven't utilized their space well by changing the layout.

Especially in Dayton, where you'll get that high cash-flow. 

Once you have this part down, decide what your target returns are.

But on this specific guy, I jumped on a call to explore the program and it was a high pressure sales call, it did not feel organic, not trustworthy and certainly did not feel the right fit.Why would someone spend 10k on a so niched-down space of real estate when they can get someone for the same amount to teach him/her everything?  

Higher rates.But what do you get in return.

The checking account can act as the home for the funds until you deploy the money into and investment, then all expenses and returns flow from and into that checking account that you control. 

If you don't have family wealth, can tolerate living without nice things for a while and don't want to risk over leveraging yourself I highly recommend it.  

You can even make collateral withdrawals as you pay down your principal.But these are usually high interest, interest-only loans.

My bank already approved me at 7.49%, which is quite high, but manageable.I like the idea of using hard money to close quickly and then refinancing later, but my main concern is speed , I’d need a lender who can move fast to secure the deal before the seller changes their mind.Appreciate your insights!