If a cash out refinance, many lenders will allow the cash out to satisfy the reserves requirement.DSCR lenders generally let you vest either individually or as an LLC.

I have a friend who is very happy with Anderson so I'll be contacting them as well, although apparently they are more expensive.

DM us if you'd like some 1-on-1 assistance.Hi, Drew, actually I asked about the Sentinel Fund, for a friend and came on BP to ask professional if its legit or not, and now I put this post to go "fishing" for the right team to build, I do thank you for your concern for not being taken advantage of, but thats what this platform is for, to find, hopefully, a real estate agent, property manager etc. when I say fishing- someone that will take the TIME to ASK the right questions and actually has the experience to prove what they can do, have done and will do for you!

If you want to remain friendly with the neighbor, I'd suggest checking out his unit and then running water all over the shower walls and putting some water on the floor around the shower/tub "pan" and around the toilet.

My wife and I are working with a friend as a partner.

@David Hudgik - I am an investor friendly agent in the area.

Each unit is individually owned, with some owners holding multiple units.A few things I’m trying to understand better:Pros and Cons: What are the main benefits and challenges of owning multiple units in a property like this with a condo setup?

Diversify into cash-flow-friendly markets like Indianapolis, Birmingham, and Florida.

Low property taxes, landlord friendly and with tech and manufacturing jobs moving from the Bay Area there is strong job growth.

SFD vs condo vs 2-4 unit, hold vs flip, turnkey vs rehab, passive vs active...it really comes down to each individual property/opportunity, what your goals with the property are, and if the numbers make sense or not.Best of luck!