I checked this out and it looks overpriced without having any other info.

What may the property be worth then and how much cashflow might it be generating?

Look for areas with strong demand for affordable housing and check infrastructure availability like water, sewer, and roads.Building relationships with local real estate brokers and connecting with municipal contacts can help uncover off-market deals and streamline your search.

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.

It may be worth waiting the 6 months to refi into better terms.

I think it’s definitely worth looking into.

P.S. sometimes it's more stressful than fun, but the rewards can be enormous and are worth it.

Hey @Edward Zachary Samperio, have you called each municipality involved to double check the regs?

Private lenders or even creating a small syndicate with a group of investors might also be worth exploring, especially since you can point to your uncle’s track record and your own experience managing rentals as a selling point.If timing is tight, you could look into a bridge loan to secure the property while figuring out a more permanent solution.

If not rented at fair market rent, this property will just count as your residence, not a rental for tax purposes.Structuring the property under an LLC or land trust could trigger a due-on-sale clause, so check with the lender before proceeding.To minimize risk, consult a CPA for tax strategy, weigh financing costs, and draft a legal rental agreement.