I'm using sites like airdna to help analyze deals but would like a little tip on how to navigate local licensing (if needed or not) and how I could maybe start one in Madison specifically what hoops I need to jump through?

if you have BP Pro, there are lease agreements for each state prepped by state-specific attorneys!

Provide specific details about your ideal rehab process and your expectations.

Appreciate some feedback.I had a tenant, ironically also in Gaithersburg (hope it’s not the same person because she was a pain in the *** lol) but she wanted a new carpet we paid half, she paid her half via us uppping the rent $50 over what it otherwise would have been, so that’s always a creative option, however I wouldn’t want gas at my property if I could avoid it, always a risk of a leak or worse so I’d probably lean towards saying no to this specific request. 

I would get really specific on that, not "I want to make money" or " I want passive income".

Is there a specific reason why you are looking for a non-recourse loan? 

Maybe use AirDNA for a specific area if you are really interested.

It depends on the specific situation and on why you scheduled your appointments this way.

Hey Dana, This scenario is lender specific.

The legal lending limit is the maximum a bank can lend to a specific borrower.