I wouldn't be surprised if Boston required this type of "remote eco-mitigation." best regards,Chris

Quote from @Jay Fayz: Hello everyone,I've recently been exploring real estate as a potential career path and I'm looking for advice on the best entry-level job to gain experience and knowledge.

You will learn the time and effort required of managing such a unit.  

- You or the PMC can get 3 bids, but who is going to know how to accurately compare them and understand if something is missing - that will require more work+charges once the project has started (a standard tactic by many contractors!)?

What documents do they require, what credit scores do they allow, how do they verify previous rental history, etc.?

@Brice Alef-Torrisi To manage finances for multiple properties, maintain separate bank accounts for each property if held under different LLCs to avoid commingling, which could jeopardize liability protection and complicate tax deductions.If properties are under one LLC, using a single account is fine but requires detailed record-keeping for each property.

The technicals (migration rates, job growth, tax situation, debt cost, etc) to work as well.

So, we require a nonrefundable Retainer Fee for 90 days of our time to find a rental property.

First of all, great job.

A higher LTV generally requires a higher DSCR ratio such as 1.25 instead of 1.