I was told to get a home under contract via the Option to Purchase contract (include a consideration fee given to the seller) and getting all signatures done with a copy given to the seller.

It will require a considerable start up expense in the form of furnishing the units and then getting them rented.

**Long-Term Strategy**: These loans are often seen as a long-term financing solution, allowing investors to hold properties and build equity over time.In summary, DSCR loans can be a powerful tool for real estate investors, but they require careful consideration of the property's income potential and market conditions.

You also have to take into considerations things like appreciation levels and the current condition.

@Eugene Lubman, There's a couple different considerations here. 

Donate the Property: Donating the property to a qualified charitable organization can provide you with a charitable deduction equal to the property’s fair market value and eliminate capital gains taxes.Implementing these strategies requires careful planning and consideration of your specific financial situation.

There can be considerable differences.Also you need to think about the refi on the back end.

Be a considerate buyer.

Your local planner or engineer may do you a disservice if they don't have considerable experience in developments of this size.

This gives me a considerable edge in my market because many landlords and property managers insist on an application prior to a unit showing.