That’s a pure cash flow play - monthly interest payments hitting your bank account is a great feeling!

Im able to find great cash flow here and over the last 5 years we have seen appreciaiotn play as well. 

Once I’ve confirmed who they (allegedly) are (of the latest wave,) I often call back multiple times, and when I get a live answer, I play music - only then do they get the point.

It rents for $1950 and is more of an appreciation play because I like the area. 

I don't know if this is in play for you or not... but it could also help explain the significant jump in taxes if it applies.I would start off with a call the appraiser and discuss the situation.  

The thing I am working on now is getting all of my pieces together to understand the roles each person will play in my business.

I want to buy it as a long term play.

Happy to connect and discuss further if you'd like.Also, here is an article that explains how DSCRs come into play with BRRRRs: https://www.biggerpockets.com/blog/brrrr-loans-what-are-the-...

@Archie BarrettJust wanted to say that there are MANY reasons to consider a DSCR loan vs a conventional loan, not ONLY if you do not qualify for a conventional loan due to DTI.Possible DSCR Benefits:Can do cash out refi prior to 1 year seasoning of the mortgageCan do cash out refi with no seasoning of ownership (with some lenders)Can do a loan with much less paperwork (this comes more into play every time you add a property)Can close on a DSCR loan directly in your LLCCan have your DSCR loan not report on credit (depending on the lender)DSCR loans can be cheaper than conventional loans for many credit scores and down payments.

Taxes won’t come into play until you sell.