I’m currently closing on my first property in 2 weeks using a FHA 203k loan to help with renovations. 

.✅ Rental Demand – Single-family homes tend to attract long-term tenants, while multi-family properties can provide multiple income streams but require different management approaches.If you're still getting familiar with the area or have any specific questions, I’d be happy to chat and share more insights.

For example, the entity is registered with the state, providing transparency and avoiding title issues, which makes lenders more comfortable with the arrangement.

Number wise it does not look bad but this is with such limited information I would not go off of an opinion based on info provided. 

If you're strictly buying turnkey properties and financing with DSCR loans, keep in mind that you'll typically need to put down 20% or more, and because of the higher LTV, you’ll often get the highest interest rate available for your credit bracket.

Go to your bank and they can provide you with instructions.

This is one month of actuals, so I am curious to see in the coming months how well it performs compared to what I thought the market rate for rent was (2 years ago).Hope that provides some insight/is interesting because I thought it was!

No return calls, emails, nuthin...What are they charging you and providing?

Conventional loan

They're very different thankfully so it feels like there's always at least one who's acting like a normal human being...A defeasance is something that happens on commercial properties when a securitized loan (like a CMBS [commercial mortgage-backed security] or agency loan) needs to be paid off early, either when you're refinancing or selling your property that has a loan on it.