Quote from @Hoi Lee: DSCR loans are great, especially for my just startup LLC. 

Quote from @Hoi Lee: Background:Multi-family large single home in B-/C+ neighborhood with decent school district that has 5 under-rented units (~10-15% under market). 

@Hoi Lee since you are now under contract you simply can't work privately with the seller and not expect the listing agent to be involved and receive his commission at closing.

Using $4,000/mo total rents, guessing "blue sky" numbers at $5K annual taxes and $2,500 annual HOI, and an 80% purchase loan at 5.5% the PITI loan payment is $2,896.16.

Kerwin,I am not aware of your HOI or insurance coverage but if you had dwelling coverage the insurance company would typically cover the break in as it falls under a covered peril.

@Hoi L.The big question is what does the contract say.

Bottom line is don't over extend yourself and play it smart when it comes to investing in a neighborhood/market.You may want to look at Town-home options if possible because of the lower taxes/HOI. 

You can still file taxes for the write off under the LLC and the HOI and Umbrella policy would be sufficient to cover liability. 

I've put in a 70% increase in the taxes just in case, i put $350/month for insurance (hoi + flood) that's the set expenses for LTR options, then for airbnb i added $1760 to $4320 in variable expenses (depending on straight STR or the STR<R mix) please see the analysis below.

SerenaHey @Serena Ho -  I am a licensed agent in CA and I am looking for a MLS only broker.