This protects against potential claims and liabilities specific to the rental.For tax purposes, maintain clear records of rental-related income and expenses, allowing deductions for insurance, utilities, maintenance, and depreciation proportionate to the rental unit.

This property is gonna cash flow over $1000 a month after we're all said and done with utilities mortgage and more.

Unlike conventional loans that typically require a 12 month seasoning period, DSCR loans have no such requirement, making it much easier for investors to scale their portfolios.I’ve included an article below that outlines how DSCR loans can be utilized in BRRRR strategies.Also, I noticed you’re based in Florida, I’m in Tampa.

The tenants pay all utilities including sewer and garbage. 

Tenant handles all utilities and lawncare.

I'm passionate about real estate and how utilizing this asset class can enable me to build generational wealth and retire early.

@Michael Beirne Lower priced markets such as Baltimore are very difficult to operate in utilizing entirely 3rd party support.

Heloc’s are best utilized with a short term strategy, ie flx and flip, to BRRRR, etc.

This way you can utilize the leverage if you plan to scale up in the future.

My thinking is that by renting to a residential care facility I can effectively utilize all the space, earn above market rent, and help provide a needed service, while avoiding tenant parking jams.