This will definitely change the game for flippers who aren’t currently using licensed contractors to do the work.

Lenders will require you to have some skin in the game.

Re: the DTI issues, now that 5% down will go for 2-4 unit, that's a game changer there too.And btw this is a DTI issue, not a DSCR issue.

Hi everyone,I'm amateur and passive in real estate game and am looking for some guidance on how to best leverage my current assets to grow my portfolio. 

Real Estate Investors can play ahead of the game by learning about 1) Real Estate (of course), but not the basic stuff....all the tricks that can make you stay one step ahead of your competition. and 2) Construction - How a house is built and how to fix, remodel and add value.So for #1, you can just make this forum an addiction.

Some people just want to go around bragging on how doors they have and others want to be around the mf industry but will never really get in the game. 

Mainly being able to cook and clean the kitchen without missing out on the game or movie.

But then again I guess depends on where folks want to live .. sometimes to get started you need to sacrifice location to get in the game so your not a lifelong renter.

Both the tenants and property management company were recommendations from people I trusted, but I will raise my vetting game in the future. 

If that is the case, many lenders will require for you to have some skin in the game.