And even if you hire a property manager to take things off your plate, that process isn’t foolproof, as Gregory illustrates.Buying a turnkey property (ideally with a tenant in place), or opting for a syndication or fund, could be a better bet if you’re looking to invest outside California but don’t want to deal with the hassles of “landlording.”

Check out our comments on Pissed Consumer for more about this poor excuse for real estate investing software.

Would you consider doing a cash-out refinance into a 30-year DSCR loan, or would you opt for a line of credit instead? 

Technically, Conventional allows 15% down but you end up incurring a hefty hit to your rate/points options when you put down less than 20%, which makes causes most people opt to put 20% down.

I now completely understand the differences, and while consuming real estate content for the past week on this topic, I have also been leaning towards multifamily and this further cements that.

If someone represents themselves as private lenders, check them on NMLS consumer access to see if they are licensed.

You can opt for an informal or formal (paid) mentor.

The government has essentially shoved the burden of homelessness on our shoulders, promising that we will get paid eventually, but they're not considering how costly, emotionally tolling, and time-consuming it will be when we have to sue for back-rent in civil court...all the while knowing that, realistically, we have little chance of getting anything back if the subtenants "can't pay" or are judgment proof. 

This would still consume virtually 3 months of went.  

This is getting very tedious and time consuming.