Basically, we want to house hack, but light industrial hack. 

Start with something either turnkey or light value-add, so you can start forming your boots on the ground team with less pressure and risk.

Qualifications typically center around whether the monthly rental income can at least break even (1.00 DSCR) with the monthly PITI.We would simply need to know the following information to determine eligibility, interest rate, and loan terms for DSCR financing:o Purchase or Refinanceo Property Addresso Monthly Rental incomeo Annual Taxeso Annual Insuranceo Estimated Credit ScoreThe documentation is relatively light as well, compared to a conventional loan underwritten to your personal income/taxes/debts.▪ Entity documents ▪ 2 months of bank statements ▪ Photo ID ▪ Lease agreement (refinance) ▪ Sales contract (purchase)

When PMLs go bad it's such a headache, to put it lightly. 

It puts you light years ahead of other buyers.

Cashflow is basically to keep the lights on while your equity is growing.

In that light, I did the math on the property to ensure that when I left and lost my housing allowance, i could cash flow it, or at least break even.  

Go look at MLS and search for indoor pool cabins.  

The gas light pipe in the walls says 1860 to me, knob and tube replaced that in early 1900’s I suppose .

The most recent house we offered needs a complete remodel inside, but the structure is sound.For example, we need new kitchen cabinets, sinks, paint, flooring, and drywall in certain areas of the house that have been damaged, as well as new light fixtures and interior and exterior paint.