Yesterday I attended a meeting of Connecticut Real Estate Investor Association and it felt like it was primarily occupied by people who knew little about real estate and wanted to be spoonfed information by an expensive coaches?

they have a Network Marketing Comp Plan Associated with it.local Investors..whats the difference between that amd a REIA?

@David N.Check with your accountant for a recommendation or ask for recommendations from your local real estate investors association. 

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).

I have an associate mine selling a package of condos in Metairie.

Reach out to a few and see who you like.You can also ask members of your local real estate investors association for real estate accountant recommendations.Good luck.

Hello everyone,I began my real estate investment journey in 2016 while pursuing dual degrees—an MBA and a Master's in Computer Science. 

Can you associate a cost with this undisclosed issue?

I recommend visiting your local REIA (Real Estate Investor Association) to talk with other landlords, property managers, and other investors in attendance.

Given this new information, I'm considering whether it might make more sense to opt for a conventional loan instead of a hard money loan, due to the lower interest rates associated with conventional loans.