Hey @Patrick Braswell  You shouldn't have any issues getting a DSCR loan as long as you have at least 1 borrower who owns 20 to 25% of the property, or if a couple of you can get to that level combined. 

Which 2 are looking into it as we speak.

some rates you can buy down permanently (maybe .5% or something) OR you can do a temporary buydown like I did.

Quote from @Noah McPherson: Thank you Tim.

If you haven't already join the Real Estate Rookie Facebook page.

Thank you @Matthew Drouin.

As fund manager you owe your investors a fiduciary responsibility which I can foresee as a basis for lawsuits should the fund not perform as anticipated.  

You have to compare your expenses with each management style and find the option that works best for you.

As for the first, yes we'd be able to do that (for example, replacing a water heater which is the mechanical that's closest to the end of its useful life).

@JR Gonzalez, You can allocate the proceeds from your sale anyway you want.