Or perhaps you’ve found success with other strategies like lease options?

The issue I often encounter with this line of thinking is that investors frequently fail to consult their lender about what is permissible.

Obviously you may need to wait until their current lease ends unless they are month to month or unless the existing lease allows you to terminate it because of the sale. 2.

His question was, if you have a long-term residential lease signed 1+ years and the property is rented out, does the mortgage still count against your DTI?

What an agent with experience can help you with is the underwriting process of an applicant and drafting a lease.

I underestimated tenant behavior, facing issues like property damage, lease violations, and evictions.Once I realized the importance of focusing on the right tenant segment rather than properties, everything changed.

Good point, I guess I am wondering if you frequently see deals that meet the 1% rule? 

The only documents we have would be a signed lease, and tenant ledger.

For investors who own or have owned wedding or event venues, what are the typical lease terms you've leveraged?

It also succeeded as a mid-term rental with a nine-month lease.