Experience is one factor that some investors may require as a condition, but overall, you can get a DSCR loan with healthy credit and reserves. 

For furnishing short- or mid-term rentals, finding the right balance between stuff that looks good, but which also offers solid durability and keeps your budget in check can be difficult.If your budget is your driving factor with your design decisions, I'd start surfing on Google image search or Pinterest - find a picture of a finished room that you like, and then reverse engineer it from products on Amazon and other similar budget-friendly sources.

I think big factor contributing to de-railmemt is losing focus on that one thing we specialize in.

So you might look into this factor as well of cost to build vs. after build value.

@Jennifer LexonTo find a move-in ready property in Cleveland, Indiana, Kansas City, Memphis, and Pittsburgh, consider factors like affordable real estate prices, steady economic growth, strong rental markets, diverse neighborhoods, and diverse economies.

Based on what you said, not any assumption I’m making, all of the expertise in these deals is coming from outside influencers.

Not factoring in these items in your analysis "hides" your actual return as these expenses will come up eventually.

Hi AaronWe moved 5 years back from Beaverton to southern Oregon to get away from Portland influence.   1031ed property to Memphis & land trusted into series LLCs there, all in Memphis area.   

However, several factors come into play, such as state laws, regulations, asset protection strategies and costs (widely different, e.g., California vs.

It definitely depends on a lot of factors - where non-QM is generally going to be about 0.5%-1% higher in rate, but can be more than that or even lower than conventional with some more options - one in particular is if you did a longer prepayment penalty period (5 years - at a descending penalty structure or even 5% all five years), then that could drive the rate down even significantly lower than the conventional alternative.