Principle & interest on a $96,000 loan was $738/month, and let's call property insurance $125/month, plus utilities of $100/month.  

Are there 'preferred' DSCR lenders folks here in the BP community have utilized?

Below are some systems that I utilize to manage my portfolio. 

Utilize a 5% down conventional loan say on 600k small multI family that needs some work but is livable and financeable and that’s 30k, leaves you a good buffer for construction cost and reserves.

By utilizing our capital, we facilitated a rapid sale for $86,000 in collaboration with our partner, Jason Baker.

If you bought it on August 1 and then spent four months to evict, that would be four months of lost rent, plus the cost of eviction, utilities, and whatever other expenses, plus your time, plus the risk that the tenants trash the place on the way out.Price accordingly.

Are NNNs truly covering things like RTUs, parking lot resurfacing, all landscape and litter collection, all common area utilities, etc.  

Purchase price: $290,000 Cash invested: $85,000Bought this 6 unit condo set utilizing a seller finance structure at 0%.

That's three months of mortgage and utilities, the cost of flooring, and the cost of painting.

I have been offered an exclusive Deal by a local "friend"/ semi-mentor in my small town.  8 standard 2/1 apartments -  Quad, duplex, duplex, 1970 Dated buildings, little neglected but liveableOwner finance: 20yr 6%rate with 20k down------------------------------------------------Total purchase 400KCurrent NOI: 41k     Cap: 10         (Tax,Ins,Maint, Util)Gross rent 4500/mth-----------------------------------------------Upgrade, Est repairs: 60k After reno: NOI: 59K   Gross rent: 6100------------------------------------------------Loan pmt: 2865/mth,    34k/yrCurrent Cash flow: 531/mth,  6,378/yrAfter reno Cash Flow: 2131/mth,  25,578/Yr-------------------------------------------------Added info- -Property line Joins with (growing) Community college-Tiny town-The Buildings are Currently "uglyish".- Current Rent is 150$- $200 behind market avg.I am very comfortable in single family homes in this town (own 18 SFH rented and performing well).