Once you’ve got the basics down, networking is key.

Just looking for something basic. 

One key lesson is to always prioritize a thorough inspection—and go beyond the basics.

Basically we are looking to reduce our risk and if it defaults understand we would be coming after everything and anything.

Basically the EV charging gets spread out at times of day when there's capacity.Happy to set anyone in the SF Bay Area up with that. 

I also learned that a management company is basically useless. what states are “landlord friendly”  

From my basic understanding it would make sense to change it to a rental and then do the remodel so I can claim depreciation on my cost, is this correct or not? 

Now I'm re-entering the game, with the basic goal of assembling a $3 million portfolio of rental properties, with a focus on midterm rentals.

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 will always be some uncontrollable variables because you’re dealing with both the human element with renters and houses are basically living creatures themselves and it’s not always possible to predict when big expenses will arise.