No you do not need a property manager to qualify for DSCR financing.

You can look into a DSCR loan, however you will need to make sure the property can qualify with market rents.

I don't intend to work the cherries (the current owner leases them), but because of them, I have been told that it qualifies as a farm and I cannot get a conventional mortgage.

Paid on Friday night. 24 hour grace period. +$30 Late fee after that.

I agree with you that if you are raising capital, you need to have other responsibilities in the deal, and you can't  get compensated for raising capital unless you have broker deal license.It can work if the sponsor who is running the deal is qualified, but unfortunately, people who purely raise capital can't vet a sponsor.Caution: If you're going to raise money for someone else's deal, have a conversation with a securities attorney.

I have some points on Supplement B, but not nearly enough to qualify as all my effort was on closing high-value deals that fall under A.

I listed it for $2,600 and had 20 people show up to the open house, got 3 qualified applicants and the unit was filled immediately.

When you go to B grade or higher the ROI generally drops & your field of applicants qualifying does to.   

Be sure to consult with a qualified tax professional to guide you through this and to help you understand the tax consequences in your particular situation. 3) You don't go to a broker to setup a self-directed IRA.

In these situations we always give the current tenant the option of stay but you will need to have them reapply because they may not be qualified with the increase.