Yes first-time buyer DSCR is actually fairly common, especially here in Southern MI. 

To thrive in real estate investing, you must maintain a firm grip on your finances.

If they are VERY professional, they will have their processes in writing as verification that policies are enforced equally and fairly by their entire staff.6.

At the end of the day, just be fair and things will hopefully fall into place nicely.

I'm not sure exactly where you're located, but according to HUD, the fair market rent for a 3-bedroom in St.

(Usually you cannot use prior employer history until you have been at your new job for 6 to 12 months, depending on the underwriter to show that you are maintaining the same level of bonus/overtime/commission income that you had at your prior employer).

For example if you were to exit a new build in 5 years there may be no cap ex cost (i can think of few cap ex items that does not last 5 years - maybe carpet in class c and lower), just maintenance costs which would be fairly small.Best wishes

Consider the possibility that the property is already priced quite fairly.

I am fairly new at being a Landlord.

During this 24-month period, the property must be rented to another person at a fair market rental value.After the 24 month period your sibling could convert it into a primary residence.