I think it's important to set criteria in screening tenants for each individual property instead of a blanket policy over all of your properties.It's important to understand the property value and what kind of tenant you should be attracting.

This is an excellent community of like minded individuals that can greatly help you achieve success in your investing pursuit!

I am in talks with a reputable company that signs up proteges in commercial RE, but I am struggling a bit with their terms: the sign-up fee ranges from $10k - $40k, and a definite 50/50 profit split up to $1M mark, meaning the individual gets up to $500k, which could come from cash flow, cashout refi, sale, etc.

In an owner occupied unit, you can have 3 unrelated individuals.

@Michael ChavisAs a novice investor venturing into the real estate realm, immersing yourself in a community of like-minded individuals is paramount.

What kind of relationships do they have with maintenance groups or individuals?

My goals are grand, ambitious, and future proof.I plan to build affordable homes in a way that is self sustaining, and desired by many.I plan to invest into Single family homes, and multi family homes to get the individuals who live in them a better life.I live in Utah, so the market is not the best.

Many RETA members including myself went through hell and back dealing with this individual.

I've included an example below to help illustrate this.So different lenders have different rates (which do vary even for DSCR loans) but these are factors they all consider.See example below:DSCR < 1Principal + Interest = $1,700Taxes = $350, Insurance = $100, Association Dues = $50Total PITIA = $2200Rent = $2000DSCR = Rent/PITIA = 2000/2200 = 0.91Since the DSCR is 0.91, we know the expenses are greater than the income of the property.DSCR >1Principal + Interest = $1,500Taxes = $250, Insurance = $100, Association Dues = $25Total PITIA = $1875 Rent = $2300DSCR = Rent/PITIA = 2300/1875 = 1.23DSCR lenders generally let you vest either individually or as an LLC.

If we go back to managing STR's that we will just use the individual sites to manage the bookings.