Balancing these responsibilities with the demands of this project, including finding suitable contractors, organizing communications, and ensuring timely responses, has proven to be quite demanding.In light of these circumstances, I am seeking insights on potential additions to my real estate team that could streamline this process and enhance its efficiency.

Analyze market circumstances, project remodeling costs, weigh risks and rewards, and do extensive due investigation on possible investment properties.

You are correct, the provider of the water and wastewater is a government entity that can lien the property if the bill goes unpaid and the utility is based on usage not a flat fee.My leases also state that any monies owed are considered rent under the lease contract, but under these circumstances, I can't enforce it.

In light of these circumstances, I'm seeking advice on the best financing options to address this costly project if insurance coverage falls short.

While there isn’t an exact, commonly agreed-upon definition out there, here is a handy definition for this specific loan product:DSCR loans are mortgage loans secured by residential real estate turnkey properties, strictly used for a business purpose and underwritten primarily based on the property.Important note: DSCR loans refer to the specific loan type, and the “DSCR ratio” (debt service coverage ratio) is a metric used for underwriting and evaluating these loans (and other loans), but the metric and ratio itself are distinct things versus what is referred to as “DSCR loans.”Some key things to note in the definition:DSCR loans are secured loans (meaning that there is collateral that the lender can take if the borrower doesn’t pay back the debt).

Well in most circumstances, anyway.

Where you can use that deprecation depends on a variety of facts and circumstances. 

Thanks Hi Seidy, like others have mentioned, this is not an advisable strategy in 99.9% of circumstances.

*The short-term rental must remain an accessory use to your full-time occupancy.Under no circumstance shall the short-term rental services become the primary use of the property

Being a firefighter gives you a distinct viewpoint and skill set that are advantageous in real estate investing.