.)- We file our taxes as joint / married- Her tax deduction benefits from qualifying as a real estate professional from the STR can offset my W2 income. - She can use REPSTRACKER for thisI then of course have a plethora of other questions in terms of book keeping (tracking all purchases etc...) but I will save those for another time unless someone has the best offline resources I can start to learn from? 

I know that I would have to refinance out of the first FHA loan in order to qualify for another FHA because you can't have two at a time.

I wanted to get started in real estate investing and knew I could qualify for this home and convert the basement into a rental unit so it was the right house to start with.

The key difference is that when buying as an LLC, you won’t typically qualify for traditional FHA or conventional mortgages.

You can ever use the income from the other unit toward your own income when qualifying for the loan.Good luck!

To qualify for a $900K DSCR loan, you would typically need to show rental income of around $8K per month, assuming property taxes are about $10K annually and insurance is around $3K.

Focus on maintaining good credit and building cash reserves to qualify for better loans and manage expenses.

We seem to be returning to the “Drive until you qualify” days, where homebuyers are forced to move further out to find affordable housing.For someone who works in Marlborough and only commutes a couple of times a week, buying a multifamily home in Worcester might seem like a smart investment.

Since your tenant isn't responding, it might be time to consider more formal steps.

Since she is both an attorney and an investor I think she is definitely qualified to answer your questions!