Your experience has zero applicability to leveraged purchases, value adds, other types or RE assets other than residential, etc..

Also, investments over $550K now qualify for a 10-year golden Visa, which is drawing even more investors to the city.In Dubai the investment process is pretty straightforward, thanks to a business-friendly environment.

did they lock the loan at initial application, and for how many days?

Is your DSCR ratio greater than 1-meaning are you cash flowing (according to the lender's criteria of mortgage, property taxes and insurance (and HOA) if applicable).

@Robert Kemp Brandon Turner's book, "The Book on Rental Property Investing" includes downloadable guides that spell out the qualifications that applicants must meet to be eligible.

Probably the same thing sorry, I just always thought assisted living required a higher level of credentialing/applications/paperwork.

I would add, make sure you have good landlord resources as you enter into the landlord domain-lease agreement fitting your situation-resources for your tenant application process -needed landlord forms and notices-education resources-management tools (e.g. software to keep all records, pictures, payment history, etc.)Best wishes.

. $40 application fee - runs credit and background checks on tenants.

@Richard Hoyte When calculating your expenses and income you also need to allow for things like lawn care/snow removal if applicable as well as set aside an amount each month for repairs and maintenance, CapEx, and vacancy.

If you list hard and fast terms, your sneakier people will conveniently leave some of their animals off the application.