The cost of the materials was $1,500, and including labor I’d estimate this cost me about $3,000.The property manager never ran this by me or gave me an indication these project would be completed.Our service agreement is clear that written consent is needed when costs exceed $1,000 and in this instance these were not repairs and requirements needed to rent the property.

For clarity, I did indicate the mortgage was in the name of my business partner, not the LLC.

The prior history was there before to indicate it was a bad idea, but she rented to them because she felt sympathy for their situation.

I discussed the idea of an LLC with a local banker and he indicated setting one up especially at this stage was something I could easily do so I submitted my application with the state already.

The formula for calculating DSCR is straightforward:DSCR=NetOperatingIncome(NOI)/TotalDebtServiceNet Operating Income (NOI) represents the property's income after operating expenses.Total Debt Service includes all debt obligations, such as loan payments, property taxes, and insurance.A DSCR ratio above 1 indicates that the property's income is sufficient to cover its debt obligations, while a ratio below 1 suggests insufficient cash flow to cover debt payments.Lenders usually have specific DSCR requirements, with higher ratios indicating lower risk for the lender.

A tenant complaining online might indicate that the property manager handled them appropriately, so be sure to ask the manager for their side of the story.7.

Lenders typically look for a DSCR greater than 1.0, indicating that the property generates enough income to cover its debt payments.

@Cayton Green  This probably won't be a popular opinion, but unfortunately a closing disclosure isn't an indication of final approval or a guarantee that the loan will close. 

I am not sure if i am being too paranoid but Should i get them to sign some document indicating that they don't have any rights to these pictures and the landlord is the owner of the pics?

A tenant complaining online might indicate that the property manager handled them appropriately, so be sure to ask the manager for their side of the story.7.