@Robert Grbac I don't think it necessarily matters where your tax strategist is located provided they have a strong background in real estate, in particular, structuring rental property LLC's with holding company (management) LLC and demonstrate that they have the software tools and capability to work remotely. 

They're not just for decoration; they demonstrate your industry know-how.Now, let's talk about staying in the know.

This is untrue for most degrees and most colleges, however, and making blanket statements like that just demonstrate the individual to be lazy and misinformed - which colleges are a waste of money?

You have to demonstrate that you have tried to get new tenants.

with no credit check.. no credit reporting, for a term of 12 years, with funding in 3 days and without any particular requirement or demonstration of an ability to repay (or source of repayment).. is not typically a norm. 

Many lenders prefer borrowers with prior home ownership experience because it demonstrates a track record of managing a property, including handling mortgage payments, property taxes, insurance, and property maintenance.However, this doesn't mean it's impossible to get a DSCR loan as a first-time buyer.

May not seem likely, because you are looking at it like a rental, but as my example showed you can and will make money when using other systems then the rent and hold rental system, which is not a bad system, but not all properties fit its model.You can make money on almost any property if you understand and use the proper system that that property fits into.It may not be for you Mike, but as I have demonstrated, with this property you can make money.

The more borrowers understand the lenders side, the more credibility they can build with their capital partners by being able to demonstrate concern over their partner's funds and also how to protect it as well.

One gallon of warm water to 1/4 cup white vinegar will maintain most floors BUT YOU MUST GO BACK AND RINSE THE FLOOR, maybe twice to get the dirt that was loosened; this is the part no one does so the dirt is still there and reattaches itself.Best way to demonstrate this.

It is all about RELATIONSHIP BUILDING ...The BPO efforts are your "good faith effort" to demonstrate a willingness to fulfill the asset manager's need for quick and accurate results.