So, make sure YOU understand the copy & paste info below:Recommend you first figure out the property Class you want to invest in, THEN figure out the corresponding location to invest in.Property Class will typically dictate the Class of tenant you get, which greatly IMPACTS rental income stability and property maintenance/damage by tenants.If you apply Class A assumptions to a Class B or C purchase, your expectations won’t be met and it may be a financial disaster.If you buy/renovate a property in Class D area to Class A standards, what quality of tenant will you get?

I have two LTRs and want to get a STR to offset my W2 income.

So lets say you own a home with $100k in equity but have zero income.

More on DSCR loans: DSCR loans won't use your income to underwrite the loan. 

We’re looking to increase our lifestyle through the decrease in housing and built a little passive income medium term. 

If you're looking for steady rental income, Cleveland could be a solid choice.

Your ability to qualify depends on income, credit, and lender requirements, but leveraging your equity makes your request more feasible.

A few to be aware of as examples…Capital gains… you probably know they are either 15 or 20% (and in rare instances zero if you have no income)… but have you heard of NIIT (Net Investment Income Tax)… this is an extra 3.8% tax you get hit with when your gains are over $250,000 in a year.  

So, if you have 10 units and you are going to pay $1,500 a month and you are working on an active income job, too, this is an easy switch due to the labor mentally and physically (even if it is just phone calls) to get these rentals running as a well-oiled machine.  

I am seeking recommendations on how to network with investors and find those who may be interested in coming on as a joint venture/partner.