Often contained mathematical mistakes4.

Is your DSCR ratio greater than 1-meaning are you cash flowing (according to the lender's criteria of mortgage, property taxes and insurance (and HOA) if applicable).

Curious how our self-managed 3-unit STR/MTR performs with industry expectations.

The information contained in this post is not to be relied upon.

I have been President in a 30 lot self-managed HOA and it isn't that difficult if everyone works together. 

We are now at 21 doors under management and 3 are personal units that we self manage.

Avoiding accessive PM fees (personally I recommend most people self-manage)These will eat away at your ROI.

Tax-wise, profits are taxed at your ordinary income rate, and frequent flips may subject you to self-employment tax if classified as a dealer by the IRS.

The loan is with you, not with your tenant, so none of that means anything to them - in fact because you live in one unit and it's under 4, if you were self-managing you don't even have to abide by fair housing laws (at least on the federal level). 

I am self employed but want to build a spec home using the equity in my house as collateral.