Just make sure you do your due diligence as not every lender who closes a DSCR (individual or LLC) loan will avoid reporting to personal credit.

It is unfortunately a very risky thing to invest with individuals.

If you buy 100 different properties in 2024, they are all individually able to get the ATI.

As a would be individual landlord with just a one unit single family property I don’t know I can stomach the risk or withstand a financial assault resulting from an eviction process for a non-paying tenant (or tenants that do extensive damage).I am seriously considering bowing out and selling.

Thank you for teaching me about taxes 

Sounds interesting.Hi Leah, as you might imagine, most of the benefits focus on individuals and properties directly impacted by the disaster.

Granted, once I know you as an individual are tied to a transaction, then I can see what you have done in the past and any future transactions.

Could be.I think that for most individual American investors leverage is a critical tool. 

The idea is to convert a multi-family building into condos; but not in the traditional sense where you separate pre-existing apartments into their own condos; but in a way where you combine the common areas of all of the apartments in that whole building, and turn the individual rooms within those apartments into condos themselves; thus transforming the hallways, kitchens, bathrooms, living rooms, dining rooms, porches, balconies into common areas of the condos. 

By teaching them how to make money instead of offering a crutch.