There are DSCR products for those scenarios, but they generally price worse than regular DSCRs.

Quote from @Sharad Bagri: For a general partnership (without the LLC), that will invest in real estate in Ohio, what kind of bank account can we open, like checking, saving or anything else?

The general consensus is "yes". 

Does anybody know where I could find a potential GC? Is there any good websites or apps? I used the app thumbtack in the past but the list of GCs on that app is very small. 

The thing is there was a lot of appreciation in 2021 and parts of 2022.Real estate didn't appreciate(in general) much from Summer 2022 to start of 2024.In general, the investment, while lagging behind the stock market return, is not a bad investment.You got 10% cash on cash return in year 1 and 8% cash on cash return in year 2.It was negative in year 3 but that is okay if you beleive it to be around 10% going forward.A lot of investors are starving for cash-flowing deals so I am surprised these properties didn't appreciate much.

With my clients, I generally use 35%/8%. 

Homeownership comes with unexpected expenses, so having at least 3-6 months’ worth of living expenses saved up is generally recommended.

Need a creditor attorney ASAP, lenders are generally first for proceeds, but they absolutely will approve a plan you don't love.

From what I've seen, the average view-to-application ratio on platforms like Facebook Marketplace can vary quite a bit, but a general ballpark is around 5-10%.

GP = General Partner (or sponsor)LP = Limited Partner (or passive investor)