Verifying last 2 years of rental history and income extremely important to find the “best of the worst”.Make sure you understand the Class of properties you are looking at and the corresponding results to expect.The City of Detroit has 183 Neighborhoods we’ve analyzed.PM us if you’d like to discuss this logical approach in greater detail!

Never done it either, we've been approached to lend by some investors looking to do it.The risk of insurances rates skyrocketing or simply being cut off makes it extremely difficult.You also have to consider rental demand.

https://www.biggerpockets.com/...12 Frequently Asked Questions (And Answers) About DSCR Loanshttps://www.biggerpockets.com/...8 More Commonly Asked Questions and Answers to DSCR Loanshttps://www.biggerpockets.com/blog/eight-questions-and-answe...What Documents Do You Need for a DSCR Loan?

These are small vintage buildings but we have fully renovated and updated all of the units and common areas.

You have the problem common to a lot of people getting started; wanting to invest but lacking sufficient capital.  

Thanks in advanceVery common strategy - I would say if the LLC is buying it then make sure it is buying it and its separate from you as a person -for example if you are getting a mortgage it must be in the LLC name not yours. 

Not sure if this option for commercial STR coverage is common knowledge among State Farm agents. 

Having people in a room that shared a common more focused interest in real estate helped to meet many more people.

This holistic approach to portfolio management can yield massive advantages in terms of efficiency and financial leverage.Furthermore, the liability shield provided by this structure could prove extremely advantageous.

I've been told both extremes by several different people, but that's crazy to hold the agent responsible when they're forcing this arbitrary rule just so they can go after agents and brokers for something they had zero control over.