Hi Jerome - MTR is certainly one of the areas of lending that is still new and lenders are still adapting - probably going to run into trouble with more traditional and conventional lenders - which generally take a long time (years) to adapt to new trends like thisI wrote about this late last year as one of the developments to watch for 2024 - particularly how DSCR Lenders are approaching, which is likely the best bet for this investment type currently (but note not all DSCR Lenders are the same - so will need to vet and pick one that is MTR friendly and generally forward-thinking)What’s Next For DSCR Loans?

You need the connections or manpower to scour the counties recorders offices for seller carry backs then build a data base of those.. then you have to try to skip trace or other methods to get to the Beneficiary of those notes.

I’ve done this method once before, but this time I’m a bit torn on the best approach.

What tools and methods you use to screen tenants before accepting their application?

Hey Elijah, Utilizing MLS access for comps is the most reliable method, but if it's not available, you can still utilize the parameters Jonathan mentioned on other platforms like Zillow, Propstream, and Batchleads.

I’d be willing to bring in a private investor and negotiate lending termsThe ask: Based on the above scenario, has anyone done this before and what was the best method you found to fund the build?

In my opinion, since the breach of the entire SSN database, those methods no longer carry value.

Issue will keep coming up and we as investors have to solve them but some people are better adapted to certain functions in a business so that should be kept in mind. 

I know to VA lets you assume the loan true a subject to method and thats my plan.any advice on how does that work?

Your current tracking methods, combined with your credit report and tax returns, should generally meet lender requirements