So it can be something to be concerned about. 

I think your biggest concern would be the pre-payment penalty that comes with most DSCR loans.

The kitchen looks extremely small from the pictures.

This forum has been extremely helpful.Hey Pat, regarding your docs for buying: 1.

But now, I am more concerned with entity structure.

Also, expect deferred maintenance.Your #1 concern should be, can you fix the problems the seller has or will you eventually have to dump the property also?

Go to Etsy and search for "rental property tracker," and you will find hundreds of nice spreadsheets to track 10-20 rentals, usually for under $10.Software has extremely helpful features like online payments, marketing syndication (click a button, and your property is advertised on multiple sites), electronic document review/signing, maintenance tracking, and owner reports.

@Julia Lyrberg Thank you for the encouragement, I know it’s not the greatest score but I currently have around a 740 so I don’t think I need to be super concerned on that end but yes I’ll definitely be trying to tidy up my finances better.

I appreciate you thoroughness in the matter but we will handle everything as far as that is concerned and give your buyer a clean title at closing."

The last thing you want is for them just run venting across the ceiling and you see it (as an extreme example)I think you could split it or just say if that's what they want then they would have to pay for it.