Yes, there are DSCR products available for properties under $100K, however, the minimum appraised value must come in at $75K (which doesn't seem an issue in your scenario).

I'm particularly interested in understanding:- Key renovation aspects that meet Section 8 standards- Common pitfalls to avoid in the process- Any specific features or improvements that are highly recommended to facilitate a smooth inspection and tenant satisfactionAny advice or a checklist you wish you had when you started would be super helpful.Thanks a lot! 

@Bryan JeffriesThis is definitely a scenario to discuss with your licensed tax advisor. 

Become a Material Participant.We are given a clear framework for determining Material Participation (not passive) in Pub 925.There are 7 scenarios that will get you there.Material participation scenarios (Pub 925):1. 500 hours.2.

I have had some success going through someone named Kim Butler in my local OKC market, and she is usually able to shop multiple insurance companies when I run into a more unique scenario such as multi-unit properties.

This is a common issue, but having stricter cost control measures or a contingency buffer in place could help on future projects.

That is fairly common in small town mid-state areas where COVID shot up prices and then fell flat when rates skyrocketed over the last 12-18 months.Mid-Term rentals are always +/- depending on time of year and how the property is marketed.

I would disagree with number 2 - in this environment, heavy rate buydowns are a common tool in the toolkit for lenders and borrowers to make deals work and are in no way indicative of "not being well-capitalized"

Would love to hear from other pros.For California investors with out-of-state properties, common asset protection strategies include using separate LLCs per property for liability isolation, though this incurs California's $800 franchise fee per LLC and administrative overhead. 

Lets connect and discuss the scenario in full