Traditional Lending for Investment:DSCR (Debt Service Coverage Ratio) loans do generally carry a slightly higher interest rate compared to traditional investment loans, typically 1-2% more.

Their comparable sales are almost always significantly inflated, and they lack the expertise to accurately budget for renovations.

Compared to the 180+98 hours of training for licensing and first renewal of RE License in Texas.

I don't think you even need to be a general contractor or subcontractor to set up an account there.They have a cool warehouse Northwest of Chicago.Otherwise, Home Depot's Lifeproof floor is pretty nice too, but not sure how it compares in pricing to what you saw.

And lastly, I search FunishedFinder listings nearby, find comparable properties, and track the listed rent for a few months (does it increase, decrease?).

We recommend you get management contracts from several PMCs and compare the services they cover and, more importantly, what they each DO NOT cover.

Interest rates: Since your rental mortgages have relatively low interest rates (2.99%–4.375%), it might be better to keep them as they are, especially since borrowing at those rates is pretty cheap compared to current market rates.

Are based on their capabilities rather than what is ideally offered to you (for example, if a lawyer is only licensed in Texas, they might recommend structuring in Texas even when it's more advantageous to establish, say, a Wyoming holding company, simply because they cannot facilitate the latter).Comparing this to the medical field, as discussed in this thread, physicians generally provide more consistent advice.

Definitely get multiple quotes to compare, but also check out their previous work, especially for the type of renovations you're doing.For managing renovations, having a detailed plan before you start is a lifesaver—schedule, materials, and budget.

I love watching properties come together and refreshing spaces (especially comparing before and after pics.)