@Danielle DeCormisKey would be to find a DSCR lender that would allow for a second and then with that loan do you still meet dscr ratioA better bet would be to bring in an equity partner

Multi-family units (duplexes, triplexes) allow you to maximize rental income while maintaining some personal space.

To determine if the expense should be classified as a capital improvement or a deductible repair, the context of the expense is very important.An example is, if an item of expenditure is part of a general plan of modernization, renovation or rehabilitation to equipment or other business property, it typically must be capitalized even though on its own it would be currently deductible.According to IRS Code, expenses that you must capitalize are those that:Materially increase valueSubstantially prolong useful life (including replacement of deteriorating assets)Adapt the property to a new or different useHowever, you are allowed to deduct expenses and fees for routine maintenance and repairs that help keep the property in efficient operating condition.

RoofstockRoofstock allows you to browse a wide range of rental properties for free, providing a valuable resource for finding turnkey investments.

Side note, our governing documents also specifically states that all HOA assessment liens will be junior to the mortgage, so I also think they can't pursue a super lien despite Colorado allowing it.I have a meeting with an attorney tomorrow (Front Range real estate attorney recommendations?)

I'm skeptical. in most markets section 8 only allows one year leases.. and in my experience with 200 plus section 8 doors tenants move every 18 months they trash one house then go find another freshly rehabbed one.. of course each market will be different..

You are allowed to contact them up to 18 months later.

Also the rental income of the units will allow you all to qualify for a higher loan amount.Best,Jamael RomansUnited Mortgage Corp LenderWoodbury NY

This allowed me to focus mostly on cash flowing properties, then the area, then tax as an add on.

Key Steps:Set Up an SDIRA: This allows you to invest in real estate directly.