I am a resident physician in dermatology, during  medical school I bought a property in Denver with an Interest rate of 2.75% (COVID rates lol) with the goals of renting it out when I moved onto the residency.

Normally you can get up to 10 conventional mortgages before you will need to move towards the DSCR. 

Of course, if we have another available unit that's similar to the one they were looking at, I'll pivot to that and offer to move their current application over to that unit as long as they would still qualify under whatever the new unit's rent is. 

Quote from @Celine Besson: Hi everyone,We recently moved from Memphis, TN, to Montreal, Quebec.Before leaving, we planned to invest in a small house, renovate it, and rent it out (Ultimate goal would be to BRRRR).

I understand I'd take a pay cut being an agent for the first few years, but in exchange, I'd be learning about the market and building a network as I move towards Commercial multifamily.

I'm a Navy public affairs officer, so I move every couple years, but I'm currently in Germantown, TN (near Memphis), and I've been interested in RE my entire life.

They worked between us and our insurance company.  

We have been looking to move for the past year now due to past incidents with the neighbors that left us feeling that we don't need this frustration.

If you are going to move forward with this deal, you’ll want to have a review of HOA financials.  

Looking to find duplex or something along those lines to reside in and then eventually move upward.