Is your DSCR ratio greater than 1-meaning are you cash flowing (according to the lender's criteria of mortgage, property taxes and insurance (and HOA) if applicable).

It is the most popular software in the industry, and most Tax Preparers are familiar with it, which makes tax season easier.

If was originated as owner occupied in the past and no longer is owner, if you have change of name on deed or insurance, if impound had a dispute, claims - are a couple reasons why the servicing changes.

I think most of horror stories came from people who do not understand how insurance system works.

Brokers have their place in the industry as do retail banks/mortgage bankers.

Quote from @Carl Rowles: When you insure a SFH rental property, do you try to adjust and of the coverage amounts?

It's all about risk in the event of a lawsuit, which can also usually be covered by insurance.- If you decide to have an LLC for each property, creating a Management LLC that all the other LLCs "hire" to run their books, will allow you to only require a bank accont for the Management LLC.2) You may not be able to do a Trust.

While technically negotiable, the Sitzer/Burnett case revealed that the industry practice effectively standardized these rates.

@Jared Galde Are you open to PM, I am curious and want to learn more about this industry?

Not once has one member ever said the LLC saved them when insurance wouldn’t have.