Quote from @Zara Massoud: Hi, The PM company we signed on has a clause to add them as 'additional insured'.

@John Zhang If your wife qualifies for Real Estate Professional Status (REPS) and materially participates in managing rental properties, there is no limit on the amount of rental losses, including depreciation, that can offset your W-2 income.

I would only underwrite based on actual rents not proforma.

The magazine cover that he flashes in the video as his "Realty411" interview was completely fabricated and doesn't exist anywhere.

I agree that I am bullish on this taking the PHX market to the next level.

We have a 28 unit hotel we're currently working thru the process on.

There a ton of great DSCR options you can find on the Lenders tab at the top of the page, or connect with an experienced broker who can shop all the best lenders for you and educate you on the best options out there.

Do you have any thoughts on Encore?  

Quote from @Erick Pena: A "good" rental property is one that covers all expenses (mortgage, taxes, insurance, maintenance, property management fees, and any other costs) and still leave a surplus (commonly referred to as cash flow).Calculate cash flow as: Cash Flow = Rental Income − Operating Expenses − DebtThere's much more to it, but that's the basic idea.

I’ll keep you posted on his response.