I know I can probably house hack my way to 5 properties in 5 years, but I assume I'll probably learn more efficient and aggressive ways to scoop up more properties as I complete my 2nd-3rd house hack, so that I can start picking up more than 1 property per year.I don't want properties that will take a lot to fix up, I'm fine with cosmetics and do-it-yourself type things.

This is akin to stating the obvious, as DSCR assessments are fundamental in determining the viability of such loans, similar to DTI (Debt-to-Income) ratios for residential mortgages.Your emphasis on the operational efficiency of well-run assisted living facilities highlights that their financial performance typically isn't constrained by DSCR limitations.

I call right away unless the lead has another preferred communication method.

Also, owners/tenants/and vendors enjoy using it as a form of communication and information gathering.

It will help keep you organized, streamline your communications about the repair both to the tenant and to whatever trade person you use to do the work and make your bookkeeping related to the repair easy.

However, there are often workarounds to utilize PM software for tracking corporate-level financials, and AppFolio has introduced features to support this.Regarding services like Monday.com, these are more suited for project tracking and team communication.

One of my strategies will be to put money into energy efficiency to decrease heating costs, and increase my cash flow - Maine has some good loan programs/rebates that can really help tighten up a building, and finance efficient heating, so I'll be taking advantage of those.

Speak to them about their experiences and satisfaction with the firm.Look for testimonials or case studies that demonstrate successful investments and positive investor experiences.Evaluate Transparency and Communication:Assess how transparent the firm is about their operations, fees, and processes.Ensure they provide clear and regular communication about your investments, including updates on loan performance and any issues that arise.Analyze Risk Management Practices:Understand how the firm manages risk.

Aside from zoning issues, permits, and city/county requirements, which are highly variable, I'd like to get an idea of how many units/buildings and how to lay it out for most efficient use of space for those 2 acres.

Let the tenants know going forward all communication should go through your attorney.The other option is to get a property manager involved as well, but at this point i would go right to an attorney.