DSCR Loans are typically great for STR purchases - however, DSCR Lenders are going to require at least some "skin in the game" - so won't be able to have a 2nd lien for the down payment. 

I think if we know what you want to achieve we can reverse engineer your ideal "path"@Justin Kane makes a really good point on the scalability of the larger MF game. 

It's like a chess game... move and counter-move... think three steps ahead.Lastly, keep all communications with your tenant and her "guest" (now unauthorized occupant/tenant) in writing from this point onward, or have a witness with you if you talk to either of them.

It definitely helped us game plan how to fix this.

If they get wind a tenant is playing the game & up to some funny business, tenants in our area understand that once they lose section 8, they can never get it back.

More importantly, are you gonna up your game and start using the Classifieds to make your pitch there big dawg?

I'm hoping to get into the multi-family game in a few months after I rebuild some capital.

I think they need to put more skin in the game.  

The contribution limit is much smaller every year and we didn’t figure out until late in the game that we could contribute to both.

I am new to the market of Real Estate Investing. I have been wanting to get into it for many years but always thought it probably wasn't the right time. Well here I am going on 55 year old and been in the electrical w...