Do you have an idea of the long-term rental amount, and would that be sufficient to meet the DSCR ratio needed to qualify for the loan?

Nomad guarantees rent at the amount the owner rents their home for.

You'll want to get a tax estimate if you sold in 2024 so you can pay in the appropriate amount of tax (Assuming you didn't do a 1031 exchange).

I texted her the rent amount on Tuesday afternoon (per her request) & the various ways to pay it - she said she would "get with me on the payment". 

You might be surprised with the amount of "trapped" equity you have in your current properties that you might be able to "unlock" to finance your next property. 

Diversify if you can with smaller amounts so risk is distributed. 

During your analysis did you include a percentage amount for vacancy, maintenance, and cap x?

I do not have a traditional W2 job so I can't pursue the typical conventional loan or a FHA since I don't have income (hence the DSCR route).However, I've seen that most DSCR lenders do not lend if the loan amount is less than $100K.

@Bridget HustonWelcome to the community and be ready for a huge amount of information at your finger tips.

They are more expensive than conventional, but not by a huge amount.