And what if the one person you didn't check has a criminal background, has collections, and more?

Are you able to go there in person to build your network? 

So they price those homes at what a willing homeowner will pay for their personal residence.

If someone injures themselves and sues, they will be suing the LLC and not you personally.

In my view by doing that and making contact with persons found using the process will result in getting a lot of your questions answered.Have an Excellent 2025,Doug

In high-cost markets like Chicago, that can be tough to meet.If you're looking at a duplex, the self-sufficiency test doesn’t apply, so you’d just need to qualify based on your personal income and the rental income your lender allows.If your current lender isn’t familiar with making FHA work in your situation, it might be worth getting a second opinion from someone experienced with FHA multi-unit financing.

I'm still in the learning phase and have read about a hundred different books on FI and personal finance.Looking for any resources that might help me on my way.

For instance, said property manager manages maintenance issues, problems that arise during bookings, basically anything that needs a physical person at the property, while I manage the rest?

I spent many years managing myself and personally collecting rent checks. 

Hi Duarte,What makes DSCR loan fascinating is that it does not verify personal income.