For these reasons (and a few more) we typically don't recommend creating a Management Company as a child series of the Investment Entity.

You only options are going to be DSCR or a true commercial loan.Both of those are going to require 25% down for a "First time" buyer with (zero) landlord experience.

It doesn't say "in the year before"... and I know this is typically how tax stuff works, from Jan 1st to Dec 31st.   

It would seem that you have the option, but not the duty, to terminate the lease due to the bankruptcy, but I'm not sure why you would want to remove a paying tenant.

Utilize options to tie up a vacant property while you attempt to increase its value by obtaining a tenant.

Where it really accelerates is if you typically don't spend all your monthly earnings and you have money left off after all monthly expenses and that money stays in the HELOC.

After that, you know the process and can actually make it worth your while to pursue collectable tenants for the money they owe you.The alternate option with the PM is to first threaten them with reporting to the Real Estate Commission and then if they don't play ball actually report them to the commission.

There are several options and we'd like to thoughts on the best idea. 

Typically that is 2 per bedroom standard, at least 1 pullout in the living room, so 8 easy. 

My family and I are looking to move between January- April of 2025 and we bought our current house pre 2020 so we have a large chunk of money in equity, we really have 3 options on our plate.