Hey @John FriendasI have purchased 4 of my Co-Living (rent by room) properties with DSCR, 1 of them within the last few months.Not that I necessarily recommend this, but there are short-term-rental DSCR products.

@Rebecca GonaBigger Pockets is a great place to find a tax accountant that specializes in short-term rentals. 

Thanks in advance Hi Andrew, You will generally have better terms going the conventional route.

Sellers who were holding out are starting to adjust, especially for cash or creative terms. 

It seems like there's a lot of opportunity right now in that SEPA and South Jersey area (I'm on Long Island but have worked with folks who operate down there), and you're setting yourself up with smart partners, so you're ahead of the pack here already.I do have a good relationship with a strong commercial brokerage firm in that area, let me know if that would be a useful connection for you.

All is well...

It doesn't take long to learn how to spot a good deal.6.

There are wholesalers in every major city in the country and they are buying at 70% to 90% of value all day long, every day of the week.

As a newbie to this process and my basic need to understand it all I am trying to do my due diligence prior to jumping in.

Property taxes will likely be reassessed based on the transfer value, so confirm local rules to anticipate potential increases.If you hold the property for at least one year, you can use the equity as collateral for a construction loan, aligning with your long-term financing plans.