Looking into cash-out refinancing and DSCR loans and all of that but I'm getting ahead of myself as I don't even have the 1 yet lol.Nobody in my family has any experience with this sort of thing so I'm just hoping someone can give me their opinion on if this investment makes sense.The home is currently being rented for 2900 total (all tenants are month to month and have been there about a year each) and my monthly costs would be 1,200 included taxes, insurance, mortgage etc.I am considering putting the home on section 8 because the fair market rent would make my monthly rent 4k+ but I'm weighing the pros and cons on that avenue.From what I understand the biggest costs to me as a home owner would be a new roof or fixing the pipes for any reason..

Make sure that if you intend to stand firm a evict the tenant, your deficiency notice includes a notice that you are disabling unilateral payments as you are not accepting late rent. 

Boostly also encompasses a weekly podcast and a Facebook community that you can join to exchange ideas with other property owners.Other options include using bigger and better Channel managers like RentalsUnited https://rentalsunited.com/Or NextPax https://nextpax.com/channel-manager/integrations/channel-par...The more viability the better helps you get through the slower season. 

I, not being a tax accountant, was thinking that the value of the home included appreciation and (the value of) improvements, so I didn't think to split them out.  

Now, comparing a Living Trust and an LLC for commercial property:For a Living Trust, the pros include estate planning benefits and no immediate impact on property taxes.

Any # of units for a DSCR does not include income. 

These may include the efficiency of the court system, the tenant's response to the initial notice, and any legal challenges or appeals filed by either party.

Im not sure which areas you were looking at in Idaho, but I'm very familiar with my service areas which include the entire panhandle and I'm happy to answer any questions if you want to dig deeper.

After doing some research on the ‘director,’ Kory, he’s actually just a freelance/self-employed salesman based in Utah… I should have sniffed it out earlier in the process than I did because even in the 1stinterview, some of the early questions from the screener included how much money I make, how much I have in my bank accounts, my credit score, how much credit card debt I have, and what my credit card limits are…I was then asked if I was willing to ‘leverage my credit’ aka max out my credit cards to be successful.

Hard money lenders, and private institution lender/businesses will only loan 70% of arv including the rehab cost, with experience.