This includes all charges paid, utility accounts set up, renter's insurance established, lease signed, etc.

To minimize capital gains tax on the sale of their primary residence, your in-laws can utilize the $500,000 capital gains exclusion, potentially explore an installment sale to spread tax liability over several years, or consider converting the property into a rental to use a 1031 exchange for tax deferral eventually.

Personally, I'm in the growth phase so I'm still working to acquire more properties and utilize more leverage. 

We have a few parks and we utilize both options.

Unlike conventional loans that typically require a 12 month seasoning period, DSCR loans have no such requirement, making it much easier for investors to scale their portfolios.I’ve included an article below that outlines how DSCR loans can be utilized in BRRRR strategies.Also, I noticed you’re based in Florida, I’m in Tampa.

I used my house hacking here in Los Angeles and utilized the equity to buy out of state.

Another option would be to utilize a property manager to manage everything and keep a buffer between you and the tenants.

This protects against potential claims and liabilities specific to the rental.For tax purposes, maintain clear records of rental-related income and expenses, allowing deductions for insurance, utilities, maintenance, and depreciation proportionate to the rental unit.

Here in mid-west flyover country, rents are still creeping up and almost all the development has been luxury rentals (mostly by Redwood).

I would like to utilize my Stessa Pro Perk but I don't want have to create a new account.