Hi Kyle, I would recommend chatting with a property manager in the specific city of Ohio you're looking to buy in.

You have to dig a little deeper there are questions that need to be addressed and VOE's filled out with specifics in order to use certain incomes and "stipends".Similar to a traveling nurse who get housing, meals, and other income. 

Be sure to check with your lender to confirm their specific criteria regarding the property's condition.In short, fixer-uppers can qualify for DSCR loans, but the property either needs to be producing rental income or have a plan to do so after renovations.

Based on our experience, we’d be happy to connect and share insights into viable areas, property management options, and financing solutions tailored for cross-border investors like yourself.Cleveland is a fantastic market with solid cash-flow potential, but as with any investment, having the right team in place is key.Feel free to reach out if you’d like to connect further or discuss specifics—I’d be happy to help!

Feel free to ask any more specific questions you have—there’s definitely a learning curve, but it can be a great tool in the right market and for the right property.Hope this helps, and welcome again!

I'm curious as to what's important specifically about the FHA loan?

A candid interview with 5 different sets of partners talking about their specific terms as far as responsibilities and costs would be a great show. 

It’s also worth verifying if Beaumont and Port Arthur have any specific contractor registration or insurance requirements, as local compliance can sometimes impact project timelines. 

Let me know when you find the area you want to look in specifically and I can get you connected to a PM.

This will be area specific.