Although I agree with @Nathan Gesner in part, I think he is off base in categorizing a relationship based approach to landlording as "amateur".

Columbus in particular has been a strong market for both approaches, with solid fundamentals for long-term appreciation and cash flow.

It feels like there’s always a surprise—whether it’s skyrocketing material prices or finding something unexpected during the demo—that eats into the budget and profits.I know there’s always more to learn, so I’m curious—how do you approach rehab budgeting?

Hence the countless posts on BP where the investor got burned by accepting the lowest bid.

You'll probably get better service approaching it that way than hiring a professional manager anyway.  

Totally agree with your approach!

I just want to focus on what I do and whether I can legally employ one or another approach/strategy, to test its viability.

Since they are responsible for maintaining the relationship with you after the transaction closes, this approach adds an extra layer of confidence and security to your investment.

If so (and even if not), I would love any recommendations to a loan officer in the metro Detroit area.Thank you in advance,Aaron RaffaelliDo you have either;A- existing primary mortgage payment history. or,B- 12 month verification of rent payments (as your primary housing)you should be able to land a DSCR loan no problem with that approach.

I'm really interested to learn how more experienced investors would approach this.