Gathering all the information will be more time-consuming, especially if the seller is an individual rather than a big corporation.2.

These cities include: Prosper, Celina, Gunter, Melissa, Anna, Sherman, Van Alstyne, etc.I've been consuming a ton of BP content via podcasts & books, but am really looking to expand my network.

Consumers should rely upon their own investigation and inspections.

If major renovation is needed, you may need to do a short-term Fix and Flip loan to renovate, then refinance to a DSCR once it is ready to go.  80% LTV is pretty typical for a DSCR, especially with your healthy credit score. 

I suggest asking for a rent roll that includes current tenant balance just to see how healthy the rent roll is. 

If there is no active lease agreement, and again depending on state regulations, send them a notice to vacate.I do not ever permit smoking in my rentals, it is one of the most costly and time consuming tenant habit to mitigate.Feel free to connect - hope all goes well!

If house hacking doesn't pay the whole mortgage, that's ok, it's more important that your mindset is thinking as an investor and not a consumer.

JD I used to have that line of thinking but parcels can and do get landlocked quite often thats why title insurance is so critical when buying land and insuring your access.. suits for prescriptive right a ways are expensive and time consuming..

All of the credit bureaus prohibit the use of consumer reports or information for rental transactions. 8.

I've only held the property a couple years but between the improvements for adu and appreciation, I think the structure and remaining lot will still provide a healthy LTV for the bank.