Many lenders, including my group, offer a DSCR product to refinance on the back end as well.Before taking out a loan for a BRRRR project be sure to calculate all carrying costs (taxes, insurance, utilities, HOA, loan interest, etc.) to ensure (i) you have sufficient cash to cover monthly payments for at least the duration of the project and (ii) your estimated rent after repairs is at least 1.10x PITI (monthly refinance loan payment principal and interest, taxes and insurance).We have a proprietary BRRRR cash flow calculator tool that we share with our clients to help reliably assess costs and returns for these types of projects.

I have a tenant who hasn't paid rent for the past two months. I need to issue an eviction notice. I understand that the first step is to provide a written notice. How many days' notice should I give? Additionally, cou...

They're designed for owner occupants but could be something in which you occupied for a duration of time and then converted to a pure investment later. 

I would make sure you have a good lease, since the tenants will have rights for a stay of this duration.

Essentially, the cap rate is the proportion of Net Operating Income (NOI) to the property's value or selling price:Cap Rate = Net Operating Income (NOI)/Property ValueThis ratio offers a direct method to evaluate the yield a property generates in relation to its cost.For advanced real estate investors, integrating additional factors might prove beneficial:Vacancy rate: The duration the property remains vacant.Operating expenses percentage: Includes insurance, utilities, and maintenance costs (excludes mortgage payments, depreciation, or income taxes).The adjusted formula for net income, incorporating these considerations, is:Net Income=(100 − Operating Expenses %) ×(100 − Vacancy Rate %) × Gross Income

I look at Equity Multiple and duration, local market, macro-environment for asset class, supply/demand, GP experience/longevity, and about 50 other things. 

Louisiana law states that any tenant who breaks a lease and leaves early (except under some circumstances, and this isn’t one of them) must continue paying rent for the duration of the lease or until I find a new tenant, whichever happens first.

I am hiring her to place a new tenant and manage the rental through the duration of the lease.

So unless you are flush with cash, and most banks aren't now, and you match up duration, which as SVB showed us that many don't, it is not really the best play. 

What are the pros and cons you've experienced with each rental duration?