@Archie BarrettJust wanted to say that there are MANY reasons to consider a DSCR loan vs a conventional loan, not ONLY if you do not qualify for a conventional loan due to DTI.Possible DSCR Benefits:Can do cash out refi prior to 1 year seasoning of the mortgageCan do cash out refi with no seasoning of ownership (with some lenders)Can do a loan with much less paperwork (this comes more into play every time you add a property)Can close on a DSCR loan directly in your LLCCan have your DSCR loan not report on credit (depending on the lender)DSCR loans can be cheaper than conventional loans for many credit scores and down payments.

Oftentimes, we would work closely with CPA to make sure how our borrower's taxes can be filed that would save them from paying taxes, but also making sure they can qualify in a lender's perspective.You would want to make sure your first few deals has an acceptable of return in order to lower your DTI and expand your investment portfolio in Real Estate.

(Most notably, they've gotten REPS aggregation all mixed up in the past.)Based on the regs seems that:- 1245 ordinary income recapture applies to some forms of property that qualify as "real estate" for 1031 exchange purposes- 1245 recapture on such "real estate" overrides 1031 deferral such that 1245 depreciation is recaptured to the extent there's a trade down in 1245 property in the exchange@Heidi Kenefick There are many additional mitigating considerations worth discussing in conjunction a real estate tax accountant.    

By the way Congratulations to @James Wise for being amongst the  top 4 members in points and on the leader board this this week. 

Additionally, depreciation on the building (not the land) is a significant deduction, and if you manage the property from home, you may qualify for the home office deduction.

Typically minimum loan amount of $250-300k and borrower will qualify off of the income of the property, usually 25-30% down is required.

So as long as a sale qualifies for a 1031 exchange you can do as many as you want in a year. 

Are there other good channels to find qualified tenants?

To protect my reputation in the biz and the capital of my investors, having a coach on board is a MUST. 

Good points all across the board.