If your property starts doing really well financially, you will be expected to pay more taxes. 

Essentially it works out to them gifting us a house - they'll pay the down payment and reimburse us for mortgage costs each month, and when they die the house will be ours (and we will continue making the payments ourselves or sell it).I'm not sure yet how repairs will be funded, but either we or them could cover those costs financially and neither of us are going to be trying to squeeze the other one, so I'm not worried about managing that. 

Discussing this with your DSCR lender can help you determine the best strategy based on your financial situation and the market conditions.If you need further guidance or help, feel free to reach out!

Her style and financial approach as a PM and broker/investor was a great fit for both of us.

.- Problem-Solving Skills- Proactive Maintenance- Financial ManagementWhat other qualities do you think are essential for a property manager?

There are other asset-based loan products besides DSCR, such as **hard money loans** or **rental portfolio loans**, which focus more on the property's value or income potential rather than your personal financials.

Make sure they provide all relevant financial data, vendor contracts, and other important documentation for the properties.

If you're house hacking, you could refinance into a conventional loan with as little as 5% down, assuming the property value and your financials qualify at that time.Make sure the terms allow for early refinancing, and keep an eye on interest rates to refinance when it’s advantageous.

The worst financial mistake ever!

Sharing my experiences not only inspires but also confirms beyond a doubt that I am the real thing, the financial guru.The best social media post is when we distribute cheques to our investors.