Many DSCR would base it on the purchase of land. 

Because you can assume no Section 8 tenant has good credit, my leasing decisions had more to do with meeting each tenant myself to get a gut feeling based on their communicativeness, timeliness to showing, what questions they asked, whether they looked me in the eyes or avoided eye contact, etc.The downside of section 8 was the annual, then bi-annual, inspections. 

Thanks in advance,AaronWe use Fudge insurance which is based here in Orlando and specializes in Orlando area STRs.

Market rate is $1100 on the same street for the same style, size, and age of house.The tenant has been there for 25 years and has also worked as a handyman for the landlord on various properties, so the current owner has asked me to keep him there for at least the next year before raising rents.Property taxes from 2023 are just north of $2000.Based on this Deal Calculator it should cashflow month 1.My questions:1.

However, weighing your options and performing due diligence carefully based on your specific circumstances, the property's potential, and your long-term goals.

Hi I am based in Canada and looking to connect with others who are investing in real estate in the USA or Canada.

I now have my rent based at 1100 a month!

Certainly one account for each LLC, (separate for security deposits based on your local rules)

I am a CT based investor, flipper and property management company owner.  

While I don’t plan on flipping the house, I intend to use the property for short-term rentals (STR), and based on my research, it seems like it will perform well either as an STR or a long-term rental (LTR).Any ideas on how I can source the financing or recommendations for better lenders would be greatly appreciated!