Are their listings detailed with good-quality photos?

It’s also worth asking the seller for more details on the tenants’ payment history and lease terms.If you’re new to this market, local property managers or real estate agents can give insights on vacancy rates and tenant turnover.

Verifying last 2 years of rental history and income extremely important to find the “best of the worst”.Make sure you understand the Class of properties you are looking at and the corresponding results to expect.The City of Detroit has 183 Neighborhoods we’ve analyzed.PM us if you’d like to discuss this logical approach in greater detail!

There are still details to keep in mind that I rarely see addressed in stock operating agreements.

It can only be answered after a detailed discussion of your business.

Here's a bit more in detail about how rates are calculated for DSCR loans:1.

Alot of details go into pricing out income and expenses so using the BiggerPockets Airbnb Calculator could help see what expected expenses you can expect. 

I don't want to go into details on a public forum, but the house is worth very little and at their age/state of health, they will really need the full amount from their house. 

Verifying last 2 years of rental history and income extremely important to find the “best of the worst”.Make sure you understand the Class of properties you are looking at and the corresponding results to expect.PM us if you’d like to discuss this logical approach in greater detail!

Happy to go into more detail with you on how we do this, so feel free to reach out with any questions.