Transparency is key- detailed budgets, timelines, and exit strategies will set you apart.That said, moving to a new home mid-project could add a lot of stress.

Thank you for the detailed response.  

They should certainly be able to provide a detailed account of labor hours and materials. 

Your tenants obligation was to pay you on Jan 1, so it doesn't matter if they paid someone else they still owe you...obviously details re: notice and dates all come into play here and from a practical perspective I'd work with the tenant and not move to evict over this.

Verifying last 2 years of rental history and income extremely important to find the “best of the worst”.Make sure you understand the Class of properties you are looking at and the corresponding results to expect.The City of Detroit has 183 Neighborhoods we’ve analyzed.DM us if you’d like to discuss this logical approach in greater detail!

Thanks for the detailed response!

This community is full of knowledgeable investors who are eager to share insights and experiences to help you on your journey.To make the most of this platform, I recommend asking very specific, detailed questions.

I'm in very similar position, looking to start my RE investing journey around Boston area and facing struggle to cash out on my stock portfolio to try to get a MF, that using BP analysis tools, will be barely break even...even in slightly farther surrounding areas. wishing us both luck though! 

Here's a bit more in detail about how rates are calculated for DSCR loans:1.

I'll include all details below.THE LOCATION: The hotel is conveniently located in the breathtaking Smoky Mountains, just minutes away from the Great Smoky Mountain NP entrance.