And you can definitely pay off your home faster if you focus on running all of your expenses through it and watch your expenses. 

We have a shortage of qualified applicants and conventional renters, which was created over Covid 19.

But doesn't have any property advertising, prospective tenant applications/screening, or any of that side of the business. 

It is my understanding that the LLC and DSCR loan being in the LLC still protect us if we were to get into any type of litigation with renters but wanted to open it up and see if there are any watch outs I am not aware of?

Just a few weeks before they suspended payment, he had a seminar I was watching, touting how well they were doing.

It may or may not show on a credit report, depends on the servicing and you should have the loan serviced.Failure to include the debt on a future loan application is mortgage fraud, wanna go to jail?

The watch out is if you lose your job or quit you will need to pay the money back in 30-60 days so I always make sure I have cash reserves to cover this if needed. 

@Matthew Samson, The conversion into a rental and then 1031 can actually be used with the primary residence exemption as long as you watch your dates.Your parents move out for a year and convert the property to investment. 

If you have a few single family rental homes and are looking for a way to streamline leases, applications and rents, maybe rentredi is the right solution, but if you have a multi unit property or any serious management needs, look elsewhere. 

I do not wish to waste my time watching videos,searching the internet for how tos and what I should be doing.