It is also my understanding that several types of loan products including the VA loan and I forget the other one will not qualify if there is any sign of crumbling with the asbestos siding so you may be limiting yourself on the selling side of things if you do not go over it with vinyl.

This idea scales for any idea when you're trying to get work done on multiple properties; I need gutter work and a guards to be put on two properties, but most of these estimate generators are for a single residence.

Here’s a question we get a lot — How do I qualify for your best rates and highest leverage?

Ultimately, my goal is asset diversification since all I have outside my primary residence it in the stock market 

I am looking to speak with a tax professional regarding potential tax implications of selling our former primary residence that is currently being used as a long term rental.

This would be our new primary residence.

Legally you could not buy a new primary residence.

Looking at your whole situation to see if you qualify for a regular loan might be a better option that doing a DSCR.

Purchase price: $450,000 Cash invested: $90,000 This was our first home purchase, bought as a primary residence in 2018.

If the tenant makes sense, the rent is there, and it all works for the particular property, I'll go with S8.But I'm not the type to turn down a well qualified cash paying tenant simply because I only want S8.