The main way to reduce your DTI from RE is using a DSCR loan, however using an LLC is recommended to do so more effectively.

Before the pandemic, Magnolia alone (not including Baylor University or any other Waco attractions) was drawing in 10,000 tourists a week to Waco and a total of 1 million tourists a year.

You get a great house to live in $150k-300k less than what you would otherwise pay for OR sell the main house as well for maximum profit.Photos are of a recent project from 2017.

Mainly because you remind me of the unsavory individuals I have had the displeasure of meeting.  

Quote from @Kevin Sobilo: Quote from @Jason Bohling: @Sean Gallagher I look at CoC/Return on Investment but main focus is on Internal Rate of Return (IRR).

the bathroom tile is too old", etc.I was the only person crawling under the house, going in the attic, looking in the Main panel.....everyone looked at me like I was nuts.So of course I bid it way higher than anyone else and did not get it.

All with 55% down.Generally speaking, a location that is near a National Park or major attraction(s) are going to be the better locations for STRs. 

I will look at a few factors, rent for area, total mortgage payment with property taxes( which can be crazy in Detroit), investment in neighborhood, I like looking into places where they are building homes and apartments that attract young professionals or families , and also looking at potential to make a single family home into a duplex or something can add an adu or transform a basement to a studio apartment!

Several things to consider: 1) One of the main purposes of segmenting your assets into separate LLC's is so that your personal net worth or equity in other business ventures or properties isn't exposed, so unless you have a high net worth or a lot of equity in a property, it might not be worth bothering going the separate LLC route, especially when it restricts your financing of the property.  2) Most any commercial financing you get from a local bank for a small property is going to have recourse anyhow and require that you sign a personal guarantee, so you're still personally on the hook to the bank even in the case of a commercial loan.  3) If you're a newer investor and buying a deal that's tight on cash flow, or if you don't have a ton of cash sitting in the bank already, your greatest risk factor as an investor is your investment failing economically due to poor financing terms or not operating the investment properly, not because you get sued. 

Wow - did you see XYZ syndicator who owned 123 Main St was foreclosed on the deal and the property was taken back by the lender?