Keep in mind they will use 75% of the monthly rental amount to offset the mortgage payment (i.e. the fair market rent is $2000/mo, the lender will be able to use $1500/mo as income to offset whatever your mortgage payment comes out to).DSCR options are great if you CANT qualify for Conventional loans.

Since we cannot earn active income but can build an LLC, you must have people work for your airbnb (ie. property manager) for it to be considered as passive income; that you are just the owner and investor.

According to Realtor.com’s residential listing database, active inventory in March 2024 rose 4.5% MoM to 695,000 units (that’s up 23.5% YoY!)

I am new and just looking to network with other like minded folks. 

We have upped our game significantly to counter this, and now start pre-leasing activities 3-4 weeks out whenever a tenant is not responding. 

C) do you mind living in the same building as someone else? 

Paul and can try to send you any good investment minded lawyers I may run into.

But, you should keep in mind that the family may want to get market value and it defeats the purpose of buying from family to pay market value for it.

So the summer has activities such as moutain biking and hiking and what not but its not too popular. we plan on reopening the business to summer activities.

Keep in mind that these preforeclosures are being hit up by everyone and their grandmother, so building trust and rapport is vital.