The loans can be good options, though, if you are trying to achieve a lower blended rate or streamline your mortgage payment by just having one payment as opposed to several.

For example, if in the rental application you don't put xyz it's illegal and you can get suedif in the rental application you mention xyz it's illegal and you can get suedif you put clause xyz in the lease, it's illegal and you can get suedif you don't put xyz clause in the lease, it's illegal and you can get suedif you sign the lease wrong, the whole lease is void and you don't have a leaseif you don't provide xyz to the tenant, you can get suednot to mention how unfriendly my state is with respect to landlords, if a tenant is not paying rent, good luck evicting them. plenty of properties in my market for dirt cheap because it has deadbeat tenants and nobody wants to deal with them.yes in an ideal world I have 20 lawyers and accountants on speed dial who I can call any time, but lawyers and accountants are expensive and I have done the math, at best if you are really lucky you can barely cover your mortgage, I don't have money for a lawyer.

My primary focus for this investment is on long-term appreciation potential and leveraging rental income to pay down the mortgage, in this case I have no cashflow.Given the current market conditions, I understand that cash flow might not be immediate, but I'm more interested in the potential for appreciation over time and the ability to offset expenses through rental income.

Mortgage is your 1st layer of protection.

My grandfather took over the sellers mortgage as apart of the deal; the issue I am having is I found out that mortgage payments were stopped about 7 years ago.

Why would anyone want a traditional mortgage or DSCR with the rates where they are?

I still think there is a value for cards but generally agree with this advice - especially if you are starting out as a real estate investor - business cards aren't needed - a linktree or some sort of QR code with a basic online hq page is going to be the best bet

Cannot sell right now either, I am pivoting my research in the Florida market to invest and potentially purchase a property for STR in 2025 and I had a few conversations with mortgage brokers to get some insights. 

I plan to use baselane to do online screening and am not sure how it works yet.Regarding pet allowance, do people usually request to leave the pets in the front or back yard?

Whenever we're talking to new investors, the shorthand rule of thumb we share is the 50% Rule: that half of the rent will go to non-mortgage expenses, when averaged over time.