Lot less multifamily which is why I haven't bought but it is where I grew up.Make sure you study the eviction laws, I believe tioga County (but could be a different close county im not sure) my lawyer told me that you now HAVE to pay to pack up an evicted tenant professionally and store it for months at your own cost if they leave their stuff behind.

It's coming up on Christmas and people are busy.

If you're living in it now, you'll probably be required to have a signed lease in place as well as proof that first month's rent/security deposit were collected in order to get a DSCR loan (they're business purpose loans and don't allow owner occupancy).

The builder’s risk insurance can also provide coverage for lost rental income or loss because of business interruption.

Here are some additional tips:Business Bank Account: Open a dedicated business bank account to manage income and expenses separately from personal funds.D-U-N-S Number: Register your business with Dun & Bradstreet to establish a business credit profile.

The Importance of Honesty and Ethics in Private Money LendingAs a private money broker, I am in business to earn a living, but profit should never come at the expense of honesty and integrity.

., you, your spouse, family members, or certain business entities tied to you).

If you ask anyone in this business, note servicing is the Achilles heel and it is extremely difficult starting one from scratch. 

There is a saying in business, "If you're sitting at the poker table for more than 15 minutes and you don't know who the patsy is, you're the patsy."

But we’ve found that while they still stay quite busy they can always manage to come pretty quickly in an emergency.