I see a conflict of interest in your role as fund manager and principal in the “operating” company.

In my case, I have residential rentals in one LLC, commercial properties in another, self storage in a third, and my real estate company operates in a fourth.

It creates far more visibility into the company's operations, their investment decisions, etc.And lastly, you get to the overall ability of the sponsors.  

Treat this property as a business and factor in all the associated expenses, including mortgage payments (if you pull a loan), maintenance, and potential vacancy periods.To simplify management and make this less of a hands-on job, I’d strongly recommend working with a property management company.

They will have better recommendations for any title companies or lawyers there.

I know that I have to rely heavily on a solid property management company to not only maintain but to help find me deals as our relationship grows.

About 3 months have gone by and we just received an email from a communications company billing us $4,000 for breaking a communication line buried in the yard.

Look for growth in a new company or 2.

Hello all, Has anyone either used or heard about a company called HouseCashin or Real Estate Bees?

Quote from @Treza Edwards: DCSR Loan Yes, but I believe they partner with another company to do the actual DSCR loan.