We're correspondents with dozens of DSCR Lenders I'll leave a few quotes here.I shop the entire industry and usually find the rock bottom best pricing....

@Nathan G. is 100% right, but we'll add that it depends on the Class of the rental and corresponding tenants.The better the class, the more you can "bend" your requirements. 

@Ricardo Serrano this copy & paste info may help...Recommend you first figure out the property Class you want to invest in, THEN figure out the corresponding location to invest in.If you apply Class A assumptions to a Class B or C purchase, your expectations won’t be met and it may be a financial disaster.So, when investing in areas they don’t really know, investors should research the different property Class submarkets.

@Matt OwensRecommend you first figure out the property Class you want to invest in, THEN figure out the corresponding location to invest in.If you apply Class A assumptions to a Class B or C purchase, your expectations won’t be met and it may be a financial disaster.So, when investing in areas they don’t really know, investors should research the different property Class submarkets.

Contact the title insurance company directly and provide them with all relevant documentation, including the closing statement, tax payment certificate, and any correspondence from the county regarding the back taxes.

So, sellers can also be asked to sign notarized affidavits personally guaranteeing the validity of leases and ledgers.So now, let’s get to the clause to include on your purchase agreement to make sure you get all this information in enough time toreview it.Seller(s) agrees to provide the following to the buyer within X days of buyer’s satisfactory inspection, but in any case at leastX days before closing: All rental leases, rent ledgers, tenant(s) valid phone numbers and email addresses, rental applications& supporting tenant identification, income and asset information, any documents corresponding to any ongoing legalactions pertaining to the property, leases, service contracts, etc., at least three (3) months of the most recent bankstatements for any account(s) rental funds were paid into and any company or corporate tax returns for proof of income andexpenses.

None of the issues you list are a surprise for Class C & D properties and the corresponding tenants.There are questions about the amount of the expenses though.$22k to RentReady a unit in a 4-plex?

Honomobo offers very limited customizations of their products which consisted of models numbered 2 through 5, which corresponded to the number of 40x8x9.5 shipping containers that they used.

@Saeed Jassani appears you are not only comparing two different markets, but probably also two different asset classes.Recommend you first figure out the property Class you want to invest in, THEN figure out the corresponding location to invest in.If you apply Class A assumptions to a Class B or C purchase, your expectations won’t be met and it may be a financial disaster.So, when investing in areas they don’t really know, investors should research the different property Class submarkets.

Too much risk.I guess they could always be a paralegal when they lose their law license.your attorney is rather laid back with his correspondence