I used a LOC to build a 12 site RV park in a small town, opened it up and 1.5 mnths later, I'm full occupancy and servicing the debt (some of it at 8.75%) & cash flowing.

I was kind of trying to be confidential than display my business on a public site, but here we go.

They're probably fine with you paying for additional marketing as long as they aren't cut out of the deal.

We plan to register an additional LLC (of the investor) that will hold 50% of the property.

We didn't need to rehab except for a couple units when they became empty and we used cash flow (so no additional capital needed).The rents are now $10,700/mo and we are cash flowing well. 

Got added to the property insurance policy as additional insured.4.

Hi JamieAre there any specific areas/markets where you will work with investors to include additional properties as part of your inventory?

I have been accessing the results with no problem in the past, but something has changed on the site.  

From a credit perspective, house hacking also helps you build strong cash flow, which can make it easier to secure financing for future deals.Additionally, if you're targeting high-appreciation markets, you could also look into cash-out refinancing down the line to pull equity and fund additional investments.

Hi John, feel free to reach out if you are looking for some additional options on your DSCR loan!