That said, most of our DSCR options have had rates drop over the past few days, so right now is probably a good time to move forward (at an 80% or 75% LTV) as it is very possible to get you rates in the 8s and even low 7s right now at those LTVs, if your credit and DSCR ratio are good.

I have a tenant that moved in and reported Foundation and wobbly toilet upstairs.

Everything on my side was set to close, and then today the seller is refusing to close on Monday as they have not moved a few pieces of furniture they were supposed to get movers for.

This method typically provides an accurate, data-driven view before deciding to move forward with a property.

You'll have to keep me posted on your next move! 

Hi Mike-Congratulations on being a first time investor and you are wondering when to start using a property manager.The property manager is probably the most important person on you team.

They are LTR, sorry I should have put that in there. 2 Have been there for 1.5 years now and 2 just moved in Feb 1 after a renovation was done. 

I have a robust team of mortgage lenders, title companies and RE attorneys.

2.The best way to obtain the necessary permits and ensure compliance moving forward?

I didn’t see what state you moved to?