NOT at all, actually makes the buyer feel more secure.

Hey @Nancy Chawla - so this scenario is leaving out a couple of important pieces that you may not have considered. 

For rentals, and this is a controversial topic, I actually create individual trusts to hold title to each and every rental.

Not sure when Andrew purchased his investment property, but I did want to point out though that remote closings in Florida are actually quite common now and I know of investors who have closed without ever coming to the U.S. to view the property.

Only 20% of the conversation should be about the actual property and its condition. 

Looking into single family houses or multifamily, as there is an actual land that you own and potentially build ADU/DADU in the foreseeable future.

DSCR loans are based off of down payment, credit score and either actual or market rents so it helps to supercharge an investor's real estate goals and net worth.

We are still trying to identify the actual leak source, and figure out how much it will cost to repair it.

Either way, it has zero bearing.Second, contact an attorney if you want an actual informed answer.

If it is to play it safe and have a feel for the type of actual operating income that the property can produce before you put debt on it, that's a safe and solid idea.The good news, however, is that you're likely going to be purchasing a furnished property.