DSCR is for non-owner occupied residences only. 

Don't bring up lease violations and other things that have nothing to do with the non-payment of rent.

Quote from @Eamon Conheady: I was purchasing a multi family through an IRA LLC and was utilizing debt to finance it, requiring a non-recourse loan.

Other ways of using SDIRAs could be to invest in syndications, performing  or non-performing debt, precious metals, raw land, precious metals, mobile home parks, self-storage facilities and more. 

I can't post much publicly due to BP's self-promotion rules, but if you have any questions, send me a message, or reach out to our support team who would be happy to help.We have almost half a million users using our platforms daily who absolutely love them.

If they think they have an "Airbnb" Unless they own the publicly traded company, then they only have a STR, or a vacation rental if they have a nice place/location.

It's thankless and non-stop.

on their workshop I've asked if LLC owned by 2 non-residents which is partnership and owns michigan Single-memeber LLC would need to fill our 5472.

Lurking as I'm in a similar scenario IF I sell an owned property currently being used as a rental in my home state.Ill apologize in advance for hijacking the post but wanted to keep this public for others' input too.

Subtract $350 for HOA dues, maybe another $400-$500 for electric and internet, and potentially water bills.