If a cash out refinance, many lenders will allow the cash out to satisfy the reserves requirement.DSCR lenders generally let you vest either individually or as an LLC.

I will be dealing with adults, not handicapped individuals.

Both are terrible choices NYC, super expensive and high taxes, and TERRIBLE landlord laws.

Crazy but true.Here’s a CSLB chart, if you go the individual and homeowner verification route, you’re gonna need a lot of supporting evidence of competence and testimony from who you worked for etc.  

Moot point then.But in response to your original question, no, I would not even consider climate in my choices for where to buy rentals or investment properties.

I know I wouldn't have bought it if it was my choice, but it's been passed on to my parents and so I'm just going with the flow here and looking to help them defray the annual costs as much as possible.

For individuals that qualify for this, they can use their rental property losses to offset their active income.

I like that you’re driven and really want to surround myself with likeminded individuals. 

You have not done real estate deals in the past as a group or also individually?

Hi, yes Ohio is a good choice if you have any questions feel free to reach out.