With this route you can purchase a turn key property and expect to lease the property immediately or purchase an existing rental from an investor that doesn't require rehab and has strong numbers. 

@Tannia CastroWelcome to the exciting world of rental property investing, Tannia!

I think having a balanced budget would be ideal where you allocate money into buying another property and money set aside for renovations.

Hello BP Community, I am under contract to purchase a new construction home as an investment property and I am the RE Agent.

Does anyone own rental properties in Detroit?

We have couple turnkeys, and couple of BRRRs that we did so far (all are single family residential properties with long-term tenants).We are interested in exploring commercial real estate, and wanted to get all of your help in getting started. 

Does anyone have a real estate attorney recommendation to review a property management lease?

Listing your property there ensures visibility.Build Relationships: When agents reach out, respond quickly, highlight your property’s amenities, and showcase your flexibility to meet displaced families’ needs.Highlight Insurance-Friendly Features: Emphasize features like flexible lease terms, utilities included, and a fully furnished setup to attract insurance placements.This approach has helped me successfully market to insurance companies.

Just because the property can close in an LLC with a DSCR loan, does not mean the loan is made to an entity.

Quote from @Avani Patel: Hello, it is really time consuming for me to analyze each property by manually entering its data to calculate the return.