Make sure you have the proper insurance and the tenants must have renter's ins IMO.

Also, there are other surrounding cities and unincorporated county areas that don't have the STR rules and that do just as good as some STRs in Denver city proper. 

The goal with this strategy is to have low living expenses as your tenants are helping you pay down your mortgage.

I have a huge personal mortgage (P,I,T,I) that currently takes up around anywhere from 25%-38% DTI depending on how you calculate gross income.

I had no idea that buyers were purchasing these homes with subprime mortgages.

Historically, most DIY landlords have bought Class B or C rental properties, that cashflow immediately, or soon after being properly repositioned with higher rents.

That part is normal for commercial mortgages; 5 year maturity is common, and 2019+5=2024 is why many are expecting offices to have a rough couple years.Net operating income (NOI) is net profit before the mortgage payment, and determines how big of a mortgage you can get. 

Hey All, I am purchasing a friends property in Cleveland, OH with a wraparound mortgage (my first time doing this) and I was wondering if anyone can refer a lawyer/title company that can assist with this please.

The sellers will take a mortgage on the property.

A PM with proper insurance to protect you on the operations Side.