Properties also have specific risks depending on if they are industrial spaces, commercial buildings or multi-family units.

The DSCR scenario you mentioned doesn't seem too far off depending on the full scenario.

Again it depends on your goals. 

It doesn't hurt to go over the numbers with a lender though who could give a breakdown of what a closing might look like depending on your buy box. 

In some cases, Fannie Mae may approve a PMI removal even earlier than the 2-year seasoning period if you can prove the substantial increase in the property’s value.Speak with Your Lender: Given the complexity here, consider having a direct conversation with your lender and asking for a specific review of your PMI removal request based on the current LTV and any potential reappraisal opportunities.In summary, while it’s generally required to wait for the two-year seasoning period for PMI removal on HomeStyle loans, there could be flexibility depending on the lender’s interpretation of Fannie Mae's guidelines and your property’s new appraised value.

Can I choose to pay half of the deferred capital gain with the 2025 tax return and half with the 2026 return given that I would capture the 10% exclusion of capital gain with the 2025 tax return and won't be able to capture more before the deadline of Dec 2026 (unless congress decides otherwise).

If you live in California, the FTB still wants its $800 per LLC, no matter where your properties are.Question B:When it comes to setting up an LLC, here are three common approaches:1.DIY Approach:In most states, you can set up an LLC yourself for less than $100 in filing fees, depending on the state.

However, this depends on your lender's specific loan terms, as some treat LLC transfers differently.

Just depends on your risk tolerance with the fixed or variable rate preference and which makes more sense for cash flow. 

Anyway a guy name Nick, started off with asking people why we are here, why choose real estate, are you aiming for financial freedom, spend more time with families etc.