Quote from @David Hathaway: @Elizabeth Rose There are lots of BRRRR neighborhoods in Baltimore, 21213 is a good one, although I think it is better for long term rentals.

Quote from @David Sajous: what area are you specifically interested in? 

Quote from @David M.: @Ruth S.I found @Wendy Patton 's book, Investing in real estate with Lease Options and subject-to Deals, extremely informative. 

Welcome back David!

Quote from @Deep Ron: I am trying  to purchase a multifamily house , outside of the city where i live it wis about 150  miles from my location ,  how do i figure out the demographics of the area and also the medium income around the area where i am planning to purchase . do i need to look for any big stores/shopping malls or any govt offices around the area to see if the place would be ideal for purchasing the property for renting it .You can start by reading "Long-Distance Real Estate Investing" by David Greene.

@David Falsdefinitely do not exhaust your savings. 

Quote from @David C.: @Eric AndrekopoulosWhen you want anonymity and/or outside liability protection.If you get a judgement against you personally, it won't attach to your property if it is titled in a trust with a trustee other than yourself. 

I've read David Greene's BRRR book and as the article mentioned, it says nothing about DSCR in it.As for Conventional loans, from everything I've read on BP they're now a 12 month seasoning period.

Hey David!

David, rental income is passive income.Placing your rentals into an S-Corp usually doesn’t make sense from tax standpoint because you will be exposing all of the income to SE tax.If you have a portfolio of rental properties that you do manage yourself - you could set up a property management company and charge PM fees, this income will now be considered “earned” and eligible to contribute to a retirement account.