I read thru a lot of the rules on this and it seems the "catch" is that you cannot use debt service as one of your expenses.

LTV is a loan to value or loan to the after-repair value.

I try and stay ahead of the game on PMs I change air filters and get furnace serviced I replace shut off valves and add them where needed.

-Tradesmen, Thank you for Your Service.

He is very knowledgeable, provides excellent service, and was always a quick call or email away.

All money would stay in the company for repairs, management, buying new properties, and paying taxes if necessary.

And their roof loss settlement is "variable by roof age", not actual replacement cost, nor depreciation adjusted (most insurances will hold the depreciation portion of a claim till the repair is done and only then release the funds).Make sure you compare apples to apples when shopping around, pay attention to what they give you for "free", what deductibles apply and when exactly you can get coverage from the insurance and to what limits.

Are you sure she doesn't work for an "apartment finder" service? 

We invested about 20K in repairs and did the work ourselves.We were left with a home with LVT flooring throughout, a new kitchen with granite counter-tops, new cabinets, and appliances.

Hi Donald, the only difference that we see nowadays for Foreign Nationals in a 30-year, fixed-rate Debt-Service Coverage Ratio Loan (DSCR) is a slight decrease in the Loan-to-Value (LTV) ratio; there is no penalty on rates or points.Additionally, if your wife is a US Citizen, there shouldn't be a decrease to the maximum LTV, either.