Palm Coast might not have the flashy reputation of Miami, but there’s a lot to love in that area’s growth potential.I’ve been around the real estate block for a few decades, and one thing I’ve seen is that luxury rentals can thrive when they’re more than just “pretty”.. they need staying power.

you can use a DSCR loan if your DTI is too high for conventional. 

Following Up + More details: @carolineOur utilities were also opened using an LLC but since the power had actually been shut off the problem mostly came from ICE sending someone out to turn it back on plus installing a new style meter (which had to be approved by our HOA but that was another matter entirely and not particularly difficult).Opening a bank account with BCR as an individual is easy and you can get an atm card in about 3 days but you will be limited to holding only a thousand dollars in it.

Glad you're building your business while still active duty, that's a powerful move! 

The City could also require solar power.

If you believe your property’s assessed value is too high, you have the right to challenge it.

The area was without power, materials were delayed in reaching job sites and the city inspectors were not at full capacity as the City was shut down as well.

Quote from @Briley Roe:  yes those fees are very high as you have a broker fee and other fees for a loan little over $100k at 6+ points. 

So I used to work for a basketball tournament that played in Washington IL every year and so I often visited that town plus Peoria.

Paying down the note quickly is a power move too—love that disciplined mindset!