I have a 100 unit portfolio based in Louisville and Lexington KY mixed between SFH, and 4-8 unit apts.Biggest help for me was their ability to insure closer to the purchase price instead of replacement cost. the team is great and I’ve been happy with the claims process. 

And be sure you have the ability to fire them at will and settle up so if they aren't progressing how you would expect, you can move on without paying huge penalties or in some cases not having any way of being able to fire them at all (some of the builders' contracts are ridiculously in their favor). 

Enough” - “Your success as an investor will be determined by how you respond to punctuated moments of terror, not the years spend on cruise control”The Noticer: - “One way to define wisdom, is the ability to see into the future the consequences of your choices in the present.

for sure its legal as long as you use an MLO to do the loan and adhere to dodd frank rules for qualifying the borrowers ability to pay.. 

During my investing career, I have found a great ability to manage all types of properties at a high level.

You don't know the area, have no ability to lay eyes on it yourself and it's not easy.

You could ask that they put a year or so of savings into a separate account on which you have view access or receive a monthly statement so you can see they have the ability to pay future rent.They aren't going to last without other income or savings with income at 1.25x rent.

My husband on the other hand is not tied to the mortgage and has the ability to obtain a conventional lloan as a first time homebuyer.

Ability to pay off rentals outright if needed to but won't.I hope the above helped to provide more transparency and clarity.So I agree to getting a car, but was against paying cash.

The only thing I have seen is if it blocks their ability to access their property they would need to provide access Agreed .