Most DSCR lenders will require a credit score of 620 or better.

For MOST counties the time period is at least 3 days notice required (for your tenant to comply).  

As of October 2024, 75% of remote work employees now have some sort of in-person work requirement, up from 63% in 2023 (Source).

2) Their contractor must be properly licensed and insured and we require copies of all this.

Send it by US Mail with proof of delivery required and/or place it in an envelope with their name on it and post it on their door. 

Given the competitive market at the time, every property was receiving multiple offers, and securing a deal required both strategy and speed.

However, when seeking a non-recourse lender, I suggest starting by reaching out to lenders who specialize in working with self-directed IRAs, as they’re more likely to understand the requirements.

Required good credit, adequate reserves, full doc commercial loan with a personal guarantee.  

Its great that the seller is will to carry a note in a seller 2nd as well, that will help reduce your require monthly payment with the right lenders.

It's easy to obtain, costs very little, and doesn't require extra, on-going effort to maintain.