Quote from @Brooke Roundy: I have a four unit building in Cleveland, one unit is an STR listed on Airbnb and the rest are LTRs.

PM's I have vetted so far: Solid Rock (Tina) said they do not accept properties build before 2000 at this time. 

@Pat QuarantoInvesting will take a certain level of knowledge at every step and you can do this or build a trusted team.

If you live in warmer places this probably isn’tAn issue as much but I’m done with the variable factor of tenants putting the heat on 80 degrees and then leaving windows open when it’s -25 out.

Several other factors as well. 

I've included an example below to help illustrate this.So different lenders have different rates (which do vary even for DSCR loans) but these are factors they all consider.See example below:DSCR < 1Principal + Interest = $1,700Taxes = $350, Insurance = $100, Association Dues = $50Total PITIA = $2200Rent = $2000DSCR = Rent/PITIA = 2000/2200 = 0.91Since the DSCR is 0.91, we know the expenses are greater than the income of the property.DSCR >1Principal + Interest = $1,500Taxes = $250, Insurance = $100, Association Dues = $25Total PITIA = $1875 Rent = $2300DSCR = Rent/PITIA = 2300/1875 = 1.23DSCR lenders generally let you vest either individually or as an LLC.

@Cory WaldronStarting real estate investing requires finding a mentor, networking with professionals, building a team, and educating yourself through books, podcasts, and online courses.

Building strong relationships with tenants can make a significant difference in property management and tenant retention.If you're looking for your first property, have you considered specific neighborhoods or property types in Urbana/Champaign?

HI, pretty curious about what the Fayetteville officials are like in regards to this process? Anyone have experience with this process and any advice? Even things on how to investigate the local process would be welco...

My objective is to get enough passive income to eventually focus on investing and building myself as a business as my job/career instead of working for other people or companies.