You want to confirm their plan for those extra funds from A - Z.

It takes a toll.As a contractor, you may not have the same reservations someone else would have, knowing you could fix it.

I've included an example below to help illustrate this.So different lenders have different rates (which do vary even for DSCR loans) but these are factors they all consider.See example below:DSCR < 1Principal + Interest = $1,700Taxes = $350, Insurance = $100, Association Dues = $50Total PITIA = $2200Rent = $2000DSCR = Rent/PITIA = 2000/2200 = 0.91Since the DSCR is 0.91, we know the expenses are greater than the income of the property.DSCR >1Principal + Interest = $1,500Taxes = $250, Insurance = $100, Association Dues = $25Total PITIA = $1875 Rent = $2300DSCR = Rent/PITIA = 2300/1875 = 1.23If a purchase, you also generally need reserves / savings to show you have 3-6 month payments of PITIA (principal / interest (mortgage payment), property taxes and insurance and HOA (if applicable).

More standard income variations are: asset depletion (using reserve distributions as the proposed income) or average personal or business bank statement deposits over a 12-24-36 month period. 

With my current cash reserve, I can probably get 3 or 4 more properties at 20% down before my funds are depleted.What would you recommend?

.- Higher reserve requirements.

. - I’m not sure if I missed it, but I did not see a confirmation from you that the other tenants have complained.

They recently fined one new investor $10k for posting on Airbnb and he had never even booked a reservation. 

At the end, subtract the mortgage payment and cap ex reserve (depends on age of the property, but 2.5-10% of gross rent received) and arrive at cash flow.

Pigeon Forge is as recession-proof as an area can be due to its close proximity to half of the US households, meaning 1 day's travel to get here so I can only imagine what other tourist areas are feeling.Besides our STRs, we also have a 94 key motel, and reservations for it are down also, right now more comparable to our 2021 figures.The last couple of years have spoiled us with revenue figures for sure.