I typically build in an inspection contingency into my offers (yes this reduces my competitiveness of my offers, but its also a safety net to protect my bottom line).

This is a typical roof drain.

If so conventional will be better because FHA/Conv guidelines are the wheel house typically of mortgage broker and some times banker (synonymous names but they all do and sell the same product).Credit unions can sometimes do Fannie Freddie/conventional FHA too but generally aren’t that great at them.

As of today, the current average interest rate for a 30-year fixed mortgage in the US is 6.91%.DSCR mortgage rates are typically anywhere between 1% and 2% higher than conventional loans.Please feel free to reach out directly with any questions or concerns.  

I’ve noticed that my confidence grows with every conversation I have with experienced real estate investors, and even more so each time I take a concrete step forward.I'm a strong advocate for personal growth and development, and it's great to see that you also view it as essential to success in investing.

Unless you are running multiple business operations (like a PM business, sales, contracting) the need for a master LLC typically only creates havoc for you. 

Its also good to know which programs are available and which ones suit you for your REI.You typically want to use the banks money and keep yours in savings or earning you interest.

Quote from @Eric Prescott: Yes, I understand that appreciation often means less cash flow and good cash flow typically means weaker appreciation, but there is a sweet spot where there is decent appreciation and sufficient cash flow to cover expenses so that the property pays for itself, and that is what I'm honing in on. 

Hello @Michael Dallas,To verify the seller’s information, ensure you request these essential documents:Rent Roll (to confirm rental income and occupancy)Lease Agreements (to review tenant terms)Financial Statements (past 1-2 years, including income and expenses)Property Tax StatementsUtility Bills (if applicable)Maintenance Records and recent CAPEX reportsInsurance Policy DetailsInspection Reports (any recent or previous reports)These will help you confirm the property’s income, expenses, and condition.

Tenants that ask for these types of things are typically entitled and will take further advantage in the future if you do not curb this behavior.