Welcome Gerardo, I host a meetup in the Mesa/Gilbert area.

@Bracken Bjorn You will find a host of agents here that specialize in representing out-of-state investors.

There will be title issues, probate issues, original seller not willing to close issues, appraisal issues, hard money lender issues, family says grandma not in her right mind to sell at 50% discount issues, termite issues, foundation issues, structural issues, can't get insurance issues, I don't have any money to move out issues, or a whole host of other problems.Well...every now and then you find someone that wants to dump one and it is a clean deal and they think because they are not using a realtor, they're saving 6%. 

As others have also noted, DSCR loans are separate from rehab loans which are often structured as hard money loans bundled with the upfront purchase.We fund both hard money for the purchase + rehab as well as long-term DSCR loans for the cash out refinance in BRRRR projects.

So far, the only thing I've heard about is a local meetup that occurs monthly in Bay Shore hosted by @Kevin Myhre. https://www.instagram.com/libiggerpockets/Hoping to hear about an upcoming meeting soon.

There are 2 English meetups that I know of: one is hosted by @Axel Monsaingeon and @Simon Kouperchand, the other is with @Daniel LozowyLet's connect!

I assumed neither he or his dad were experienced STR hosts and said they wanted passive income. 

I am new co-hosting and considering any programs or training to help speed things up and provide any key resources.

@Mark Ainley and @Tom Shallcross host the podcast, and it is on my list to listen to daily.

In order to avoid wasting time on a bunch of individual showings with unqualified applicants, perhaps consider doing what I do and host “open house” style showing windows.