Title insurance does not represent the status of title to real property, and an insured cannot rely on the title policy to represent the title.

Real estate investment relies heavily on loans and if you can't get good loans its hard to grow. 

I've included an example below to help illustrate this.So different lenders have different rates (which do vary even for DSCR loans) but these are factors they all consider.See example below:DSCR < 1Principal + Interest = $1,700Taxes = $350, Insurance = $100, Association Dues = $50Total PITIA = $2200Rent = $2000DSCR = Rent/PITIA = 2000/2200 = 0.91Since the DSCR is 0.91, we know the expenses are greater than the income of the property.DSCR >1Principal + Interest = $1,500Taxes = $250, Insurance = $100, Association Dues = $25Total PITIA = $1875 Rent = $2300DSCR = Rent/PITIA = 2300/1875 = 1.23If a purchase, you also generally need reserves / savings to show you have 3-6 month payments of PITIA (principal / interest (mortgage payment), property taxes and insurance and HOA (if applicable).

I had no one to rely on or to ask for advice.

The information contained in this post is not to be relied upon. 

The information contained in this post is not to be relied upon.

We are also not in a tourist area so we rely heavily on Airbnb.

We thought that was an awesome way for people to get into the Real Estate game and not carry all the risk and have to rely on their own credit and cash situation. 

This is all SFR, your experience definitely may vary with MFR. 

The lead sponsor is super important and that varies from deal to deal.