Most lenders...us included...treat the flip/rehab/bridge loan and the permanent financing such as a DSCR loan separate financing facilities.

cloa...Note should include a provision similar to the following:FOR VALUE RECEIVED, I, [Borrower name] (hereinafter known as “Borrower”), promise to pay to the order of [Trustee/trust, payment address] (hereinafter known as “Lender”) the sum of Fifty-Two Thousand and 00/100 Dollars ($52,000.00), with interest from the date hereof until paid at the rate of Six percent (6%) per annum on the unpaid balance, payable as follows: Commencing on April 1, 2024, and continuing on the 1st day of each and every month thereafter principal and interest payments of $577.31, with the entire remaining unpaid balance of principal and interest, if not sooner paid, being due and payable in full on or before March 1, 2034 (the "maturity date").Record a first priority security instrument (mortgage or deed of trust).

that we’ve learned in our 24 years, managing almost 700 doors across the Metro Detroit area, including almost 100 S8 leases.

I assume there’s policies out there, but I bet a requirement is every single worker and sub will be required to be fully insured on top of licensed, including workers comp.

This includes properties with a single-family residence built prior to this date and a second dwelling unit (e.g., main dwelling, ADU, or JADU).

That GRI does include income for cleaning, taxes etc. though normally, which is really pass through expenses for the most part.

Central air conditioning offers numerous benefits, including increased energy efficiency, improved indoor air quality, and better overall comfort for tenants.

This cash flow is net of all property expenses, including loan, if any.

People can list properties for whatever they want, including those listed by a realtor, it doesn't mean that it is worth what they are asking.

If you're currently in a 1/1 and intend to add an extra bathroom while using it for Airbnb, it seems like you'll also need to include an additional bedroom.