By using this, you no longer require a 3rd party Registered Agent (ex.

They also claimed its a new form that recently been required.

If you're a lender, I might have some borrowers for you depending on your U/W requirements.

For example, certain states like CA and MA have "claw-back" provisions, some states have withholding requirements, PA has some funky 1031 exchange laws, etc.Work with a rockstar QI (like @Dave Foster) and a real-estate-savvy tax professional to ensure you don't fall into any traps.

The few places I have been interested in honestly looked like they would require cosmetic work only.

@Yinna Wang Make sure whoever wrote the policy knows that one unit is being rented because there may be additional requirements.

They city required that I replace the best sidewalks in the neighborhood under the program and the cost was substantially higher than estimates I obtained on my own. 

I see a fixed rate product advertised here on BP but not a HELOC type of product, where you can draw and repay on commercial property.With the DSCR loans, the lender requirements will change from lender to lender.  

A lot of places up here in WA you must have cause for a lease non-renewal.Check your local laws too, a lot of places require proper notice to be given prior to lease non-renewal.

I agree with the notion that one needs to define his or her goal with regard to real estate and making a living of real estate alone would require lots of it, but cash flow for the long run is almost inevitable.