One has a 162k mortgage, $1250 tax,Insurance,%3.5 30 yr, worth at least 750,000 LTR rent $3200, #2- Los Angeles worth   $750k as well just did a remodel of 150 K, mortgage is 75,000 payment $700.tax,Ins, Mtr/str hybrid.

You only need a place to track tenant information, payment history, maintenance, etc.

Also DSCR typically has pre payment penalty while hard money does not. 

I need some advise from you all before i move forward.How do you make the mortgage payment?

We are hoping to streamline tenant communications, maintenance requests, and payment records. 

Let your criteria do the filtering for you.Regarding retention and renewals, the only time I have asked people to leave is when they have had rent payment issues and/or damaged the property. 

This is eerily similar to the unsecured loans I've made and haven't seen a payment on in over two years.

Seller financing: Note for $1,350,000.00  - 7% amortized over 30 years with balloon payment after 7 years, interest only. ( I am trying to get the first year at 6% to stabilize then go to 7% remaining 6 years)Property Condition: Above average.

If you’re patient and methodical, though, cash flow can absolutely become a reliable income stream.Hope that helps!

I decided to buy the property from my grandfather using a gift of equity, which allowed me to take over ownership without having to come up with the full down payment and pay for the tax lien and his closing costs.