The one thing you need to know is that buying the next deal (home/SFR/Townhome etc.) will stall you from buying anything on FHA/VA (gov backed) for 2 years and conventional for 4 years.

Digitize physical receipts for easy storage and use a consistent naming convention for easy sorting - 2024.03.25 Home Depot.Maintain proper records, such as contracts, settlement statements, and promissory notes.Additionally, you can track income and expenses consistently using software or spreadsheets.As you scale, if bookkeeping isn't fun, consider hiring a bookkeeper for a couple hundred bucks per month.

DSCR loans will not be advantageous when compared to conventional loans.

It’s not the most conventional inventory, but there’s been a fairly consistent pipeline of retiree buyers from what I’ve heard.

I live in Jacksonville FL and Just bought my first Duplex in Ashtabula OH.I have a licensed Real Estate Agent, Licensed Property Manager and two Lenders (conventional and Hard).To be honest this is to be my retirement.

9) adding multiple ADUs or adding an ADU to a quad looses F/F conventional financing.

HUD and Agency financing is another beast compared to conventional or non-bank lending (Secondary Market).

You can do a duplex though, which might not be a bad idea.With your credit score, conventional might be a good choice, you only need 5% down for 2-4 units if you live in one. 

I sell mostly turnkey Airbnb properties both subject to and conventional, and the buyers list is deep!

and maybe even some encouragement.The Beginning: A Flooded Start and Big AdjustmentsI started the year by purchasing the property with 5% down, thanks to new Fannie Mae guidance on conventional loans around December 2023.