The loan approval is based on the property’s rental income covering the mortgage—making it easier for investors without traditional income streams to qualify.LLC Protection: Many DSCR lenders allow you to hold the property in an LLC.

.- LTR properties often have more stable income streams, but they might not offer the same level of cash flow as a well-managed STR.

I will say say this though, this area is constantly growing.

However, I am in constant communication with banks and in this environment I more often hear banks take the position of we want to see a depository relationship of XYZ percent of the loan amount in order for us to lend you real estate funds rather than take the position of offering better terms than other borrowers because of your depository relationship.  

I purchased the property after reading Brandon Turner's Rental Property Investing, and with what I learned, planned to purchase 1 property per year for 7 years to develop a solid stream of passive income.

It demands your constant attention, often 24/7.

You would have to go to nmls and research as state laws are constantly changing.

Your management has to be top notch, your marketing has to be top notch, your pricing has to constantly change with the environment, your design has to be incredible and the photos have to trigger that booking response.

I’m very bullish on Passive Investing and creating multiple streams of income (mailbox money as some would say) and see this route as an effective way to achieve that. 

Then you are making the profit of your total payment - what your costs are to get into the Seller financing will provide a monthly income stream will lower tax consequence.