It is DSCR based and no personal tax returns are required to qualify.

Requires some pre-planning if the ceiling height exists. 

All buyers and sellers of rental real estate should require Tenant Estoppel Letters in their contracts.

Ultimately, I wound up doing a 92-unit deal my first time around and realized that part of the reason I was struggling to win deals was simply because I lacked the credibility to be do so. 

It all depends on what your requirement for cash flow is.

The vacation side is more of a business and requires a lot more work but the affordable housing side is less labor intensive. 

Which governing body determines these requirements?

Do have an idea of your preferred acquisition price and how much rehab might be required? 

If it requires a mobile closing we use Michigan Investment Title because they willclose anywhere at no cost unless it's a ruralarea but downside is they require wires for everything which alot of title companies are starting to require anyways.

Most lenders who order appraisals are required to order them through a 3rd party AMC, which can add additional costs to the appraisal but ensures that there is no lender (Or borrower) bias in regards to the values.