It offers fast funding, which is crucial for seizing investment opportunities before they slip away.

A sponsor's economic stability is crucial to sustaining and completing projects.

If they are VERY professional, they will have their processes in writing as verification that policies are enforced equally and fairly by their entire staff.6.

There is also a prepayment structure that is equal to six months of interest (so half the rate) for about five years - this is more common for west coast DSCR lenders (sometimes called "Cali Style"Generally OK to negotiate - but with no prepayment penalty, you are likely going to have a significantly higher rate or points at close

But it becomes a simple math equation:  $$/month income to replace divided by the average dollars per month per unit owned will equal the number of units you need to own to replace that income and get toward FIRE.  

If you are managing the property yourself, then yes, meeting the tenants is crucial, as a credit score and background check can only say so much about a person.

Financial literacy and investing are crucial skills that, unfortunately, aren’t taught in schools.

Conversely, if you're interested in short-term rentals, I recommend using tools like AirDNA to identify markets with high potential, based on the market score of the surrounding region.Additionally, understanding your financing options is crucial.

As someone with tons of hot tub vs outdoor bath experience in hotter markets (Houston here), I think adding some type of amenity like this crucial.

If Fair Housing does apply, make sure you are treating everyone equally.