Share your encounters; we're all ears!

I am navigating the financing of a deal via a DSCR loan and have encountered an intriguing decision point.The options I am presented with are as follows:1.

Definitely reach out to the property management company and inquire about the tenants' payment history, any issues they've encountered, and the terms of their current lease.

Anyone encountered a situation like this? 

Hello Brian,Texas is known for its relatively lenient permitting laws, so you may encounter fewer hurdles in that regard.

We (RCG) have encountered this every now and then with people attending some of our broader workshops, and we hate it.

What issues did you encounter?

I did receive some sticker shock for tax year 2020 as the tax preparation fees I paid to my CPA were 400% higher than in previous years, but my situation was admittedly more complex(many K-1s in multiple income tax states and overseas income from a W-2 utilizing FEIE).

Perhaps some of you have encountered such a practice or know how it is regulated in different states.We are also interested in whether a licensed real estate specialist should be designated as the responsible party in our company (LLC), and what requirements exist for this role.We would be grateful for any advice, recommendations, and thoughts on these matters. 

We did not want to cause a substantial sticker shock by increasing her to market rate immediately since that would have meant a 50% just in rent so we instead phased her into market rate over a 3 year span.