I am sure the interest in that hard money isn't great.All DSCR loans I have seen require at least 12 months.

You can put a mortgage into a "trust: without triggering a due on sale but again contacting your bank/lender is the best route to avoid any issues.Some banks/lenders or servicing companies change guidelines and even a trust may require other paperwork but the attorney usually facilitates that to be safe.  

Do have an idea of your preferred acquisition price and how much rehab might be required? 

Assuming you don't have a mortgage that requires a certain level of insurance, you can get a stop-loss policy covering all the properties. 

Hi @Jason ThonIf you are looking to connect with folks on MTR in Duluth, I'd be happy to connect!

Maybe I’m wrong but I had to do that on our STR (Ring) and Wyze also requires close proximity on initial setup.

I agree.. just look at any large mid west or rust belt metro.. there is a ton of houses avaliable the question though will folks buy in certain neighborhoods where inventory is readily avaliable you can buy existing in many of these markets for far less than new builds.. so to me its really a neighborhood issue  a school issue a crime issue etc etc..

Yes, my banks require a 1.2 DSCR debt service coverage ratio, meaning they want to see rent 20% higher than the mortgage payment.

If you give someone over 19% membership interest in the deal, the bank will usually require a personal guarantee from that individual. 

Our laws require us to offer a rental first come first served (first completed application that qualifies must be offered the unit).