Be sure to check with your lender to confirm their specific criteria regarding the property's condition.In short, fixer-uppers can qualify for DSCR loans, but the property either needs to be producing rental income or have a plan to do so after renovations.

They do an incredible job.  

Having end dates in the summer is perfect and usually what I strive for.2 out of the 3 of these vacancies were actually planned for summer end dates.The one tenant is my tenant below in my househack and he has been absolutely incredible and kept me posted about this move for over 6 months.

This sounds like an incredible learning experience!

So a question, haha, and forgive me if this sounds incredibly naive - how about getting a property manager or someone else with boots on the ground to do the underwriting by visiting in person etc.

Since the last time I was online, I have grown the investing to fix and flipping and a portfolio of 4 properties that are producing passive income.  

I did buy a website which was expensive and produced nothing, still trying to decide what to do with that sunk cost.

There’s so much to learn here, and I’m sure you’ll find it incredibly helpful.

A $240k loan amount on a $249k purchase price seems crazy and I'd never expect to produce any net positive cash flow doing this.How are you calculating your property taxes?

Perhaps shadow a top producer in your office, After that stability and you have a nest egg.