Common sense though would say at some point many can be treated and become productive and partying all the time might be grounds to revoke disability.

Not every property is suited to MTR or will cash flow that well but you're clearly in a great market and have a great product and that makes all the difference. 

@Theresa Harris @Peter Tverdov Why is a larger down payment of 20% on a conventional loan a better idea if the interest rate is gonna be the same for both products?

If you want to learn more about this product option feel free to reach out. 

Add estimated costs of new flooring, paint, drywall repair, and countertops using the quality of products expected in that neighborhood and double that estimate.  

I have a few contacts that would be happy to discuss pricing on their DSCR products.

(HELOQ @ $145k) Rented for $1745.00 We have no seasoning cash out products. 

As we get out of a recession, interest rates fall, production increases as demand increases, and the spike in production generally pushes material prices down. 

Once you pay that mortgage each month, the accrued interest goes to zero for that month in essence.I just did a cash out refinance on a rental house using a DSCR product, literally closed yesterday, so 15 days of interest was due on top of the principal. 

Gone are the days when MTR hosts could use second hand furniture or Ikea products and be successful.