If you are using STR, REPS, or self rental with material participation to convert to active or nonpassive income, you do not have to do this if you have passive business invesment that produce passive income that will exceed the loss generated by depreciation.

I've also launched a residential real estate painting company.

On finding an agent, you make a completely valid point about the top producing agents.

@Thomas Farrellmiscellaneous reactions-BRRRRs won't produce cash flow - they're an equity strategy, not a cash flow strategy-OOS BRRRR on your first deal will be incredibly difficult. 

Right now you may see them as less than suitable for partnering with, Maybe rethinking your own position about making money with them might produce a profit.

There’s no real reason to jump into another market unless your goals shift and your current market doesn’t fit anymore—or if the market itself stops producing the results you need.Mastering one market and squeezing every opportunity out of it is a much better play than spreading yourself too thin and getting half-baked results in multiple places.

Be sure to check with your lender to confirm their specific criteria regarding the property's condition.In short, fixer-uppers can qualify for DSCR loans, but the property either needs to be producing rental income or have a plan to do so after renovations.

You anticipate that the winners provide much more profit than the losers, and you end up with a portfolio that produces a double digit return + a “salary” for your active participation over time. 

Even if their Renters Insurance company wanted your insurance info, an insurance represetnative would be contacting you for it.7) You haven't stated if the tenant is current on their rent or withhold rent payments?

While they did try to get the lender to work with them, they don't want to replace the management company because they are part of the GP.