The DSCR loan is underwritten solely based on the income of the property .

If an investment property, there non-warrantable DSCR loan options.Some details:Loans available for purchase, rate and term refinance (no cash out) and cash-out refinanceCredits score down to 620LTV are up to 75% for purchase and 70% for cash out.Rate buydown feature available.DSCR (lower of gross rent lease or Form 1007/216 rent divided by PITIA) as low as 1.0x.For experienced investors (one year of investor experience and own home), short term rentals can be structured off of 12 month short term rental history with 20% expense factor.

California charges a minimum tax of $800 a year per LLC, and more if you have gross receipts in excess of $250k.

It's crucial to estimate the total cost of these renovations and weigh them against the potential increase in property value or rental income.

Stuff like that will bug you, but I keep telling myself, it's passive income, you wanted to be hands-off...:)  Hopefully it's rented out fully soon or we'll be looking to do a SFH with another management company most likely.

I was willing to overlook them for access to the 5% cash management income, but they're significant.

Note not tax advice, this is more for the high income earner...Simple Scenarios: Using TurboTaxPrimary Use: TurboTax and similar tax preparation software are best suited for relatively straightforward tax situations.

American's spend 25% or more of their income on real estate expenses.

It's 20% down but it doesn't go off DTI but income of the property (yes, even SFH for STR).

Details:I am looking at a market where for years multi-family has been selling for a 10x multiple of gross rents.