I wanted to add to the Why, should a investment property buyer use a DSCR program over a Full Conventional purchase or refinance, as we do all programs, whether for a primary, 2nd home or investment property.Currently Full doc loans, meaning using tax returns (2 years) for qualifying can be tedious work and interest rates are higher compared to our DSCR products, since on Fannie Freddie conventional loans require LLPA's ( loan level price adjustments) added to the base rate.

Also the person we fund is not under a time crunch to try to get the deals to work  and has to run their business partner through the houses which we know is not their business partner just a litnay of white lies these guys tell sellers..

This includes finding and vetting vendors, following up on estimates and completed work, and making sure turnover is as quick and painless as possible.  

So if this does not work out for you, maybe finding something with a little less work and little less risk might be good to get your foot in..

None of the MLS listings work and the off-market properties are in control of the wholesalers who are very greedy there for some reason. 

Having it in both FL (my domicile) and CT (property location), created double the work and fees in both states.

Partner with this person on one or two deals where you provide the money and they do the work and then you divide the  profits.

The new boiler, all associated work, and extra items were around 7500 including permits and inspection.

However certain seasoned investors later in life prefer to outsource the work and reap the rewards.

This is how I started out - it was not passive, even though I hired contractors to do the work and property managers to manage the tenants.