My question is a very basic one .. 

I was actually on a team dispatched to investigate the Surfside Condo collapse until the clean up process basically rendered our investigation moot. 

Go into the new member introductions forum and watch for the same few people who say the same basic message every time someone new comes on the site.

I've included an example below to help illustrate this.So different lenders have different rates (which do vary even for DSCR loans) but these are factors they all consider.See example below:DSCR < 1Principal + Interest = $1,700Taxes = $350, Insurance = $100, Association Dues = $50Total PITIA = $2200Rent = $2000DSCR = Rent/PITIA = 2000/2200 = 0.91Since the DSCR is 0.91, we know the expenses are greater than the income of the property.DSCR >1Principal + Interest = $1,500Taxes = $250, Insurance = $100, Association Dues = $25Total PITIA = $1875 Rent = $2300DSCR = Rent/PITIA = 2300/1875 = 1.23If a purchase, you also generally need reserves / savings to show you have 3-6 month payments of PITIA (principal / interest (mortgage payment), property taxes and insurance and HOA (if applicable).

LTRs basically do not cash flow at current prices with conventional rates. 

It's basically set up for MTR and much less hassle, but less vetting, and way lower cost.

I wrote a long post about the basics of depreciation if you want to understand it better:https://www.biggerpockets.com/forums/51/topics/1121063-expla...2.

Quote from @Nicole Koch: I think that most people looking for anonymity are basically trying to keep their name off public records so that if they own rental units some psycho cant just look up who owns the property, whats their FB, who is the wife/husband, kids etc.. 

As soon as I read "hired a property management company to handle the day-to-day" it was clear to me and anyone else with a basic understanding of the rules that he was likely SOL.

Here's some real examples (with changed names / locations of the posters) to illustrate my point:"Oh, I lived there 10 years ago" - Fred in Topeka;   yup, irrelevant to the current real estate market."