If they have no assets or if you don't have verifiable proof a lawsuit is worthless.

The client gets to receive the home as a performing asset with built-in property management in place so the entire process can be smooth and enjoyable.

No necessito."

@James Wise MICHIGAN UPDATE: new law went into effect January 2, that landlords can no longer discriminate on tenant income source.

@Tristan Kelly tenant performance and damage is what you want to watch, along with squatters & theft of mechanicals.Update us in 6 months:)

Owners mistakenly ASSUME all PMCs offer the exact SAME SERVICES and PERFORM those services EXACTLY THE SAME WAY, so price is the only differentiator – so, they often select the first PMC they call or that calls them back!

DSCR or Fannie/Freddie loans can go up to 75% on single family homes, multi family homes (2-4 unit) max at 70% if you stick with Fannie/Freddie.Other things to consider would be:Paying points for a lower rate vs higher rate with no pointsIf going DSCR - Prepayment penalty term (0-5 years)The lower the loan size ($200-250k and lower), you should consider paying up to 2 points and doing a 5 year prepayment penalty if going DSCR.

That's before you pay any debt service.To answer your question: No, it's generally not a good idea to lose a bunch of money every month.

It's no guarantee but it's a good place to start.

No, it's not.