Also I have not worked out the financing yet. if I just use my cash then the Cash on Cash drops to 8 or 9% and that would be below my Cash on Cash target.Generally speaking and of course just numbers I picked out of the air for reference when running numbers in my head, I am looking for Cash on Cash greater than 15%, high probability of long term occupancy, and no expected major Capex for 2.5 years after purchase and purchase time repairs which I would add into the cash on cash evaluation before pulling the trigger.So there are some more details to be worked out in my head but being it is my first one and only learning what I could from youtube videos I thought I would get some feedback.With all that said, in my head it seems like it could be a good start.Thanks again Jaycee and Gavin for your feedback.

Keep detailed records of repairs, improvements, and rental income, and consider working with a CPA specializing in real estate to ensure you're taking full advantage of deductions and strategies like passive losses, home office deductions, or even the Qualified Business Income deduction if applicable.Good luck!

Every adult must be screened and approved, period.Here's a detailed guide on how to screen applicants: Application Screening Guide

Here's a bit more in detail about how rates are calculated for DSCR loans:1.

While the details are too long for a post, I wanted to see if anyone would be interested or willing to give me some feedback on the actual structure. 

We haven't been able to sit down and really focus on what will be the best investment project...but...we should get on a zoom call and discuss it in more detail. 

Can you give us some numbers/details on the properties?

Feel free to reach out if you want more details!

Without going into too much detail, my current situation stems from selling a previous company via partial owner financing, only for the new owner to default on the purchase, leaving me in this position.For traditional financing, I understand I’ll need at least one, if not two, years of solid credit history, tax filings, and other financial documentation.

I'd love to hear more details.