If you rent to him and something goes wrong, you will lose the friend and you put yourself in a financial bind.I recommend you tell him you prefer keeping the friendship and business separated so you can remain friends.

I also recommend using as many regular, vanilla mortgages as possible before going over to DSCR mortgages.  

-we don't recommend this as just leads to tenants abusing utilities.

**Property Management Recommendations:** Could anyone recommend reliable property management companies in the Nashville area?

I'm sure some folks on BP will provide their top DSCR recommended lender (along with many lenders themselves commenting). 

I'm potentially looking at moving my business elsewhere and am interested in hearing recommendations from people who have had better experiences with property management companies in the area.

And before I reach out to my securities attorney in Portland, I wanted to ask folks here about their experience and recommendations so I can have a more informed/productive conversation with my attorney.I’m so grateful for the replies I already received.

Any insights or recommendations would be greatly appreciated as we evaluate the best strategy for managing our reserves.Thanks in advance for your help!

You could also network with agents that are listing properties for rent to see if they will recommend you to the owners for management.

Some SDIRA experts to ask if they can help:  @Dmitriy Fomichenko, @Bernard Reisz, @Brian Eastman