I guess a lot of Scott's buyers are under water the day they sign a loan, so he must be regularly evicting and reselling some of those houses.

Hi Alex, I believe there is a Pittsburgh group that meets regularly but I would love to attend another gathering as long as time/place works.

They are long gone now.This "wally wrap" seems just like a regular wrap, what am I missing?

Nonetheless, you can base the DSCR calculation on PadSplit rent (if there's a history of PadSplit income being produced) or short-mid-term market rent (an analysis done at the same time of appraisal).

Make sure it’s updated though as the IRS will ask for it to be produced quickly.

Top producers are always very pleasant to work with (which does not mean they are soft)3.)

The building is 100 years old, but solid with regular maintenance and updates.

It does not take any revenues from them, it is revenue producing for them. 

Though it may cash flow well based on their current debt service, when you compare the income it produces to the equity they have is it actually even a good investment for them from an ROI perspective or would they be better off liquidating and redeploying?

.- If they are more reasonable you may want to accept if for now, but let them know you'd be doing regular increases to get the rent more inline with market rent.Too many newbies here will tell you to get market rent or get rid of the tenant.