And of course, you don't pay interest on the money until you use it, so you do end up saving a lot of interest that way.

Eliminate debt, establish a budget, and save.

I've included an example below to help illustrate this.So different lenders have different rates (which do vary even for DSCR loans) but these are factors they all consider.See example below:DSCR < 1Principal + Interest = $1,700Taxes = $350, Insurance = $100, Association Dues = $50Total PITIA = $2200Rent = $2000DSCR = Rent/PITIA = 2000/2200 = 0.91Since the DSCR is 0.91, we know the expenses are greater than the income of the property.DSCR >1Principal + Interest = $1,500Taxes = $250, Insurance = $100, Association Dues = $25Total PITIA = $1875 Rent = $2300DSCR = Rent/PITIA = 2300/1875 = 1.23If a purchase, you also generally need reserves / savings to show you have 3-6 month payments of PITIA (principal / interest (mortgage payment), property taxes and insurance and HOA (if applicable).

But still, preparing maybe 10% of the property value saving for fixing and vacancy will be a good idea.

@Sendil Thangavelu save yourself, from yourself and hire a PMC!

I just may have a time where savings from one LLC need to be moved to the other LLC.

For income, STR saves taxes and gives you the cash flow you’re looking for.

If you do cleaning yourself, you save on the largest expenses but also limit your ability to scale.

It’s nice to have a million dollar property I didn’t pay for as part of my retirement plan… ;)Makes sense.

I love being able to turn personal properties into rentals as they required a small amount of cash for a large asset to have someone else paying off.It really depends on your long term goal, but ours is to use these "retirements baskets" into reasons that early retirement at 44 is successful!