@Michael L.

Quote from @Nicholas L.: @Nicholas A.happy to help - can you give us more info as @Jonathan Greene pointed out? 

Quote from @Shawn L.: Are buying notes the same as subject to deals?

There are many other ways to qualify besides DSCR, like bank statement averages or even P&L statements that can offer lower down payments..check in with @Joseph Chiofalo he's a 20+ year mortgage colleague and can help with structuring and options.

Quote from @Nicholas L.: @Michael Dallaswhat does the lease say? 

Quote from @Nicholas L.: @Catherine Dingjust curious if you'll share more about this purchase. 

It could be something simple like making sure you have a legally compliant lease, or how to properly serve a 3-day notice for late rent, or could be more sophisticated of how to communicate with residents when their 4-year-old shoved their toy in the garbage disposal and they don't want to pay for it.

Quote from @Nicholas L.: @Matt C.just to be direct, cash flow has really been compressed everywhere. 

Quote from @Nicholas L.: @Tom Dieringeryou're definitely not missing anything. 

The realtor adds an estimate to the P/L since most buyers will want that.