There were some minimum requirements: Net work >$250K, Net income >$70 for 2 years, a few other things.

I have a high credit score, good income, and money in the bank, but I have been having a difficult time finding a DSCR lender I feel like I can trust.

As far as the objective Medium and long income through rental income, appreciation, and to have a stable cash flow. 

California tax burden - Due to the clawback provision, you don't get a full break from the higher income taxes in California if you sell in another state later after a 1031 exchange.  

Hi guys, I just made my account but have been listening to the podcast a lot recently but have been hopeless in finding a deal in phoenix.

Aloha Julian, Just to add onto what everyone has said, 1-4 unit deals (residential) are typically underwritten differently from 5+ unit deals (commercial). 1-4 units are easier to close and you get more money for them because of how DSCR is calculated:- Residential (1-4 units) DSCR = Gross Rents/Mortgage Payment- Commercial (5+ units) DSCR = Net Operating Income/Mortgage PaymentIt's important to note that in both cases above, there are exceptions.

**Financial Management** - Create a budget to manage income and expenses

So, I had to get the owner and tenant agree that it actually took place. 2) Meeting Tenants - I would say not needed, but certainly when their lease is up, you want to re-screen the using your screening criteria for income, background, etc... 3) Review the leases and understand expirations and lease renewal terms if any.

By next year, I should be accredited due to my income being over 200k for 2 consecutive years. 

Real estate agents and assistants cannot allow others access to their MLS accounts.