Looking to purchase a home property from a family friend to be turned into a long term rental property. 

The interface is user-friendly, and the reporting tools are especially helpful for tracking property performance.One downside is that it can be a bit pricey for smaller portfolios, but the features have been worth it for me.

You have to have a method to develop a cash snowball.

A friend of mine ran a similar project down in Texas, securing rental agreements with re-entry programs, and the biggest challenge wasn’t funding..it was making sure the tenants were properly supported.

My friend who owns many rental properties referred me to this deal.

If you are in a state where eviction cost is high and it is tenant friendly you may need a higher credit score to offset default risk and eviction cost.If you are in a landlord friendly state where it is easier to get non paying tenants out you may be able to handle more none payment risk.  

I also hear complaints about the city not being a "landlord friendly" city.

I’d love to meet fellow friends and peers from this community in person, hear their stories, and exchange ideas.

Their DSCR loans are actually much closer to bank terms and rates, some are even more borrower friendly than banks.

That does not work and is only for experienced renovators who know their buy box and know they will always go to the studs and redo everything.Just get out in the field, see every dump on the market, take sneak photos to show to a contractor, and get some investor and contractor friends who will be in the ballpark on the costs.Understood, Thank you very much!