Lastly, while looking through the County Court Record I found a dismissed Eviction record filed this year Feb of 2024 on the prospect, the address listed on the record for the prospect (Defendant) is the current property they reside in but found another management company (RENU Property Management) as the plaintiff (this one was easier to look up as it operates nationally in several states).I usually have no problem with this as prospects usually reside in a known management company serviced in the area (Most are the typical corporate rental companies like First Key and Progress Residential, and some with the more known local management companies.).

Sometimes it's ambiguous, but even then, why should I bother with the company that has numerous unresolved lawsuits, versus another company that is virtually the same but has none.

I can give numerous examples of California investors I know losing money from buying in "cheaper cash flow on paper markets."  

I even named them the #3 non-seasonal market in the US today in our BiggerStays weekly newsletter here based on numerous metrics.

So, don't think inflation numbers directly tell you anything about the rental market especially national numbers because all real estate is local.

I wouldn't call that a true "DSCR Loan" - especially considering that a ground-up construction property won't have any cash flow so DSCR would be negative or 0 numerator if you'd try to calculate it

DELETE! 

Hey Al if you really want it to be local bank, got a guy named Jeff Goldstein of City National bank who can help you out with this.

  $350k is nearly the median home price across the nation, which Iearned at BPcon2024 is roughly $402k.A couple of other metrics I would like to consider are the purchase price-to-rent ratio and average time on the market for rentals (length of supply).

On top of that, we’ve secured numerous deals with 0% interest through seller financing, which has been a game-changer for cash flow and long-term profitability.