The local contact may be an individual or an entity with a principal place of business on the same island as the property.

., this is also similar to co-working locations where the operator signs a master lease with the building owner and then rents out cubicles to individual customers.

We searched for several months for a quality manager and are about to bring the individual on-board now during renovations and licensing as you suggest in your post.

You can often find one by access online court records and contacting the landlord-tenant attorneys that appear numerous times.

Tough neighborhoods still, but plenty of fixer uppers and low cost plots make it ideal for scrappy individual investors looking to get started on the cheap.

If a cash out refinance, many lenders will allow the cash out to satisfy the reserves requirement.As mentioned earlier in the post, DSCR lenders generally let you vest either individually or as an LLC.

or are you looking for individual long-term tenants for each room?

BUT, borrowers need to know that borrowing from individual investors is WAY different that borrowing from a lending institution or business set up to lend money.  

OR see who in your network has the capital, wants to invest, but doesn't have the time to do so.I have seen individuals looking for $10k - $1mm at these types of meetings and there is more money out there looking for deals than there is actual investment opportunities at this point in time.Please reach out if you have any questions!

Whether utilities are individually metered or master-metered makes a big difference.