New Mexico has an unfortunate law against prepayment penalties for DSCR Loans on 2-4 unit multi that requires higher rates, but they don't apply to 5+ and I've seen some people have success with that size range in NM

Setup your filter to show you properties similar to what your looking for in the area your looking for (size, # beds/baths, etc.).

Go to BUILD YOUR TEAM at the top of the screen and look for local investors or meetups in your area.

Lower turnover means happier residents, but it can also translate into less operational stress for you.Max Occupancy: The size of the home and local regulations will determine how many residents you can house.

Given the size of this place, remediation could easily run over $100K, which I am sure you would not want to be responsible for.

Good screening, and I stay away from beachside, not only because its rougher but also away from flood zones.

Lol, I have a similar story but I got off easy....I had my guys digging footings for a remodel in a little SoCal beach town when we found bones - some good sized ones.

Go to BUILD YOUR TEAM at the top of the screen and look for local investors or meetups in your area.

likely going to be a bit too small ($ size) for most DSCR Lenders that do Mixed Use unfortunately

You can, and should, interview them and ask them all of the appropriate screening questions - but you won't be able to "test" them out without contributing significant capital as part of your test.