Purpose & Use DSCR (Debt Service Coverage Ratio): Used by lenders to assess whether a property generates enough income to cover its debt payments (principal and interest).

This deal highlighted our ability to identify market-ready properties and move swiftly to generate a solid profit in a short time frame.

It did pretty well this summer as far as generating revenue.

As long as the property generates enough cash flow to service the debt, you qualify—without the need for personal income verification.This type of loan is ideal for those serious about growing their real estate portfolio, especially if you’re self-employed or have irregular income streams.Why DSCR Loans Matter for Real Estate InvestorsWhen it comes to real estate investing, traditional loans can often be restrictive, requiring personal income verification and imposing limits on the amount you can borrow.

And when you sell it if you meet the primary residence requirements the profit is tax free.It is possible in many instances to own successful rental real estate that generates real dollars in your pocket but operates at a loss for tax purposes. 

Boat and RV storage is at a premium for many people so you have a good idea to use existing land to generate income without doing too much in the way of improvements.

I am still looking for renters and I am wondering if it is necessary for me to get a property manager since I live far away. sometimes there are random things that need to be taken care of that I can't do right away since I do not live close.

I'd recommend considering the East Bay.Here are my random thoughts: no flipping unless you're experienced.

If you are considering a CRM for a team, then you have to consider the ability to customize and generate management reports.

As long as the cash flow exceeds your PITI, it can help offset the debt, but lenders will have different criteria on how they calculate this.For your second question about a duplex with seller financing, while the seller may still hold the title until the loan is paid off, the rental income you generate from the property could still be used to offset your DTI.