I prefer slightly more rural areas as that’s where I’m the most experienced so they will all have septics and/or wells.

Maybe give Dad a preferred return to reflect how much capital he has locked up on this deal.IE say property is worth $4m with no debt (keeping it simple), and cash flows $800k annually.

Once you buy a lead / deal from a Homevestor franchisee you're generally on your own.My experience with Homevestors is that they're savvy, creative investors who prefer to work with new investors because they can dump deals on unsuspecting newbies.

Does anyone know of a trustworthy handyman that is priced reasonably and does a good job? I also need a general contractor with the same characteristics. I hate when my PM sends somebody out to fix a toilet that needs...

I have $200k cash to deploy in the process, but would prefer to use that for a down payment on a home in the place where we’re moving (similar VHCOL area.)

My instincts tell me she doesn't NEED that much but would prefer.

Everyone has their own preference on how much reserves to keep.

I prefer this to using one for a down payment.  

If anyone thinks they would be able to offer the DSCR option, please let me know as this would be the financing option we would prefer. 

I prefer including those utilities in the rent.Let's say you have a four-plex on a shared furnace.