This doesnt mean DSCRs are inferior products; theyre great for what theyre meant for, which is relatively cheap, permanent financing for real estate without having to jump through the hoops of a Conventional loan. 

It just meant problems down the road during the project.....something was always wrong,Cheap people tend to be unreasonably picky as well, and with no real understanding to back up their concerns.

The paperwork to get them setup almost always meant my first rent check from agency would be about 45 days after lease start, so you need to float that.Tenants always paid with Money Order or cash, both required an actual visit to bank versus standard check that could be mobile deposited or ACH.Neutral:My tenants were not "light" on the property, but generally not overly hard either.  

🧐If you don’t get enough response from this thread, simply reread some old threads they can get pretty long.Yes this was meant to be serious that's why I asked it  

Don t confuse personal debt with business debt.

Quote from @Henry T.: My CPA says STR "A" can only deduct expenses for STR property "A", and only up to income level.

As a lender, I would give you a pre-approval letter as long as you had the assets (and meant all other requirements) even if the assets were in a 401k.

That meant more to me than anything.For anyone just starting out, remember: your first deal isn’t about making a fortune.

Sorry I meant from that meeting recording that was posted. 

I also don t think @Max Bellino is looking for free legal advice.