We put down large down payments and keep a beefy emergency fund. 

You would need to agree on a payment schedule.

Unfortunately our new payment provider does not allow for holds, so we offer damage waivers. 

It has become very difficult to evict someone for non-payment of rent.

-Carlos One thing to know, when you do a portfolio loan (cross collateralization), if you run into a financial downturn in the future and can't make a couple of payments, sometimes the lender can force the entire portfolio into foreclosure.

Financing Insights: We wanted to utilize leverage on a larger asset, so we used low down payment owner occupied financing.

Obviously, we would hopefully hire a trusted cleaner, but any other advice on managing a property from a distance?

If you owe $50k on your property but need got borrow $150k, The cash out will make more sense from a monthly payment standpoint. 

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.

Pre-payment penalty is just the first 3 interest-only payments.