@Tiffany Da Silva Your proposed banking structure is effective for organization and profitability.

It feels more organized and easier to follow the thread

Stay Organized: Keep detailed records of all expenses, timelines, and communications.

If investors attempt to streamline their services, it can lead to a more organized approach to property management, lowers the risk of gaps in insurance coverage or missed tax benefits as well as simplifies communication and reduces confusion.

SPOA is an organization that I support. https://www.spoa.com/ Now I am very very careful when selecting tenants. 

We're worked with similar organizations or placement companies that help tenants in need from various situations (e.g., domestic violence).

Feel free to inquire about their staff qualifications if it's a larger organization.2.

Sponsorship organization with dedication to ASSET MANAGEMENT, not just “doing deals”.5.

Financing provided through this program is only available for properties located in Michigan or Florida.Available Product Type: SOFR 7/6 ARM, SOFR 10/6 ARMLoan Amount: $766,550 MaximumLTV: Purchase and No Cash Out Refinance - Maximum 99%Prepayment Penalty: NoneLoan Assumption: NoneEligible Properties: 1-unit dwellings, attached and detached condominiums, PUDsEscrow: An escrow account must be established for property taxes, and flood insurance, if requiredUnderwritingNo Private Mortgage InsuranceOccupancy – Primary residencesMinimum Credit Score - 700DTI – Max 43% (UW/Mgmt exceptions up to 50% with minimum 3 documented compensating factors)Student Loans – If in deferment, no qualifying payment requiredDown payment of 1% must be borrower’s own funds, while closing costs and prepaids may be gift fundsAttached condominiums require a 10% down paymentEligible Borrowers – Protect and serve heroes are defined as employees of public or private education institutions, employees of medical and healthcare organizations, all first responders, and active or former military personnel.Servicing: Retained

I'm looking for tenants that are professional, stable and can act like a thoughtful, organized person regardless of their economic status.