When they complete this you'll receive their credit report, and a background check.From there you'll have good insight to their 'level of fiteness' for your property.Shahin

It is often much lower than rent O meter because rent O meter is pulling data from the advertised price, not the rented price.

Our strongest case is that our bank appraisal says it should be much lower.

Presumably, if you retire before you take Social Security, you will have a handful of low income years when you could then do Partial Roth conversions and convert those assets you presumably saved at a 22% or higher tax rate, and convert them in a lower income situation (12% or less). 

Your ability to connect with them on a personal level matters more than your offer.Think about it:  • The “Used Car Salesman” is only focused on closing the deal as fast as possible.

I have a macro level of what each skill does but should I have an accountant and a bookkeeper on my team or if I hire an accountant will they come with a bookkeeper.Which one or both should I look to hire?

Hi Juliann, before moving forward, it’s important to determine the level of renovation you're comfortable with.

Quote from @Micheal Smoke: Hi, my name is Mike Smoke, and I'm an aspiring real estate investor focusing on multifamily and Section 8 properties in the U.S. as the barrier to entry is much much lower in terms of price compared to Canada and Funding options. 

Understand cash flow lower then say 500 bucks a month is a myth anyway.

As others have mentioned, DSCR loans are generally for turnkey rentals (although outdated rentals may still qualify depending on the level of deferred maintenance).