Most times when evaluating a DSCR mortgage, market rent will come into play.

How times have changed.  

It'll take time but can really pay off if you stick with it.I'm in Los Angeles and I've investing in TN and GA in the past, and currently investing in SE Wisconsin (your area).Let's connect and discuss the market.

@Trevor McCormick I would say that it is an okay market but is very saturated and alot of investors are having a tough time right now.

I requested a demo a few times but cannot seem to get a response.  

The bottom line is this: Concealment is not asset protection, proper (time consuming and expensive, I know) management, and good, prudent, practices (ditto), WHICH ARE ADHERED TO, and insurance (expensive), are needed for asset protection.

At that time I will get the house cleaned up and list it on the market and when it sells I've agreed to get reimbursed my costs for reinstatement plus any other costs plus a fee for my efforts.

Frankly owning 30 properties in 30 different LLC's would be a migraine come tax time to get returns prepped.

Portage Park is definitely a prime-time Chicago neighborhood @Delroy Watson! 

Here's a list of things to track:- Formal lease application- Formal signed and executed lease specific to your state- Payment history (I recommend using online rent collection like Apartments.com, RentRedi, etc)- Maintenance requests and receipts- Accounting for all rental-related expenses (repairs, utilities, etc) The more you treat it like a business, the more helpful you are to your CPA come tax time.