This discrepancy was not previously recognized by myself or the mortgage lender until I received correspondence from my lender indicating that the insurance policy holder's name must match the property owner, in this case, my Ilc.

@Abigail Rodriguez There's a handful of Philadelphia based "Gurus" who collect  mentorship fees from new investors and feed off the exact rhetoric you just wrote.

If you don’t mind me asking Job growth and stabilityLimited land to hold value Tourism and revenue incomes streams as a city to gain exposureMilitary bases nearbyResort town/ beach town Commercial businesses coming into the area Tons of gentrification in the area with new construction 

Instead of posting a question and waiting hours for Bruce to respond, you can ask AI and it will tell you what Bruce will say based on previous answers!

DSCR loans are based off of down payment, credit score and either actual or market rents so it helps to supercharge an investor's real estate goals and net worth.

This amount is not refundable and would be based on good credit (% would increase for credit below 730).

I would like to find a lender who can approve me based on the property and what it will bring in monthly as a rental rather than on my personal finance and credit. 

Montgomery has a great rental market. 1)The last numbers I saw showed 47% of homes here are rentals. 2)That is due to a strong federal job market with federal courthouses, Maxwell and Gunter air force bases. 3)Lots of state jobs, about 10 colleges and universities, tourism, 3 major hospitals, 4)a Hyundai manufacturing plant, and Amazon is building a distribution warehouse.5) Low property taxes.6) Population growth.7) Landlord friendly state.8) We can typically hit the 1% rule on rent to price ratioFrom Wikipedia, Alabama has the second lowest property taxes behind Hawaii.2.

I have created my own if you would like me to share mine, you can DM me.Once you can get an idea on your return based on the interest rate and down payment scenarios, I think that will help to decide which is the best option.

thank you for great suggestions, Jonathan.are there any web solutions or systems out there to collect rental payments?