You can do less than 20% down (as low as 3.5-5%) if you intend to occupy the home for at least a year.2) There will be an HOA (homeowners association) which restricts rentals, so be sure to read the CC&Rs (governing documents) to ensure that your rental strategy is allowed, even if you intend to live there at first, eventually you'll be transitioning it to an investment property, so this will be important.

And you've joined one of the best communities for all things real estate investing.1️⃣ Download this ultimate beginner’s guide: https://assets2.biggerpockets.com/uploads/user_file/file_object/1694/UBG_2018.pdf2️⃣ Read BP beginner books on investing: https://store.biggerpockets.co...Also read, Rich Dad, Poor Dad by Robert Kiyosaki3️⃣ Subscribe to BP podcasts or YouTube channel and watch their webinars. 4️⃣ Ask questions here on the forums.5️⃣ Visit (join) a local (and legit) real estate investment association.6️⃣ Consider joining a BP bootcamp: https://www.biggerpockets.com/blog/real-estate-investing-bootcampsI wish you all the best in your investing journey!

.- Property is on a private road currently owned by an LLC/Landowner's association.

@Tyson Regier  I agree with Megan, and would add to her list Annual fees associated with each llc to keep current/registered with State.Annual Tax filings costs...

This way I can see pictures of the applicant, their living conditions, people they're associated with and their job.

The cost associated with true anonymity is far more than the benefit you receive (or the need in 99.9% of cases).

Link from Mortgage Bankers Association on forbearancehttps://www.mba.org/news-and-research/newsroom/news/2024/12/...Link on Delinquencieshttps://www.mba.org/news-and-research/newsroom/news/2025/02/...https://www.housingwire.com/articles/fha-va-mortgage-delinqu...Anyone concerned about this?

Also, check out the Rental Property Association of Wisconsin. www.rpawi.org good networking with other investors and maybe even find a deal there.

Banks and mortgage companies are getting wise and they are recognizing the threat that Pace Morby is to them. 

I've included an example below to help illustrate this.So different lenders have different rates (which do vary even for DSCR loans) but these are factors they all consider.See example below:DSCR < 1Principal + Interest = $1,700Taxes = $350, Insurance = $100, Association Dues = $50Total PITIA = $2200Rent = $2000DSCR = Rent/PITIA = 2000/2200 = 0.91Since the DSCR is 0.91, we know the expenses are greater than the income of the property.DSCR >1Principal + Interest = $1,500Taxes = $250, Insurance = $100, Association Dues = $25Total PITIA = $1875 Rent = $2300DSCR = Rent/PITIA = 2300/1875 = 1.23If a purchase, you also generally need reserves / savings to show you have 3-6 month payments of PITIA (principal / interest (mortgage payment), property taxes and insurance and HOA (if applicable).