This can also be triggered if they have kids or what they perceive to be valuables in the home that have not been secured.It can also relate to how you conduct the inspection.

Hey @Tim Bergstrom, not sure if you've made any progress on this - we're operating in nearby Lexington and have vetted a few deals in the Louisville market.  

I do not understand your remark as related to the DSCR loan.  2 ADUs are not allowed by f/f conventional financing but is not always enforced.Fortunately if you stay with the current tenant without a refi, by the time you pay principle it is likely the rent will have increased enough to absorb the increase mortgage payment. 

Hope this helps?

I'm assuming that a business account would work but I'm sure there is some nuance and tips that I don't know about.Any insight is greatly appreciated, thank you!!

I would be very careful with this arrangement for your clients.

You could also explore seller financing or a bridge loan to give you more flexibility.

I was hoping to do a deal and get my feet wet with something relatively simple to start.

Any tips or insights would be greatly appreciated!

This topic is up for HEAVY debate.