If you are interested, however, and are willing to communicate to landlords that you are new, but worth taking a shot on with some portion of their portfolios, maybe willing to compete on trust and earn into larger portfolios or bigger fees over time, you may consider reaching out to the team here at BP, and maybe there is a way to let those investors who are looking to support a new and up and coming business work with you.

Cash back just under annual fee. 

Hey Shannon, When yourdeciding whether to form an LLC in the state where the property is located or manage it through your home state LLC involves weighing several factors.

Different fee schedules, different setup process. 

Landlords should consider factors such as the condition of the rental property, local rental market conditions, and any amenities or services provided.

with my commercial banks fico was not the driving factor it was experience collateral protection IE equity and Character with gov mit backed loans they could give a rip about character  its all about fico and DTI. 

The appealing aspect here is the ongoing population growth and other economic factors.

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 = 1.23DSCR lenders generally let you vest either individually or as an LLC.

I had a property in Cleveland (Warrensville Heights) for 4 years and yes, I had to pay for the water/sewer (but not snow plow) and it was in my name, as the utility company billed me directly.But, I had that expense factored into the rent, so I was reimbursed when the rent was paid.

Make sure to pick houses that still make money after you pay all bills, like the mortgage, taxes, insurance, upkeep, empty times, and management fees.