The solution to that problem is that next to our attic there is a small room with a toilet and a shower, which one of our neighbors owns but has not used for a long time.

I have no idea how long those type of windows (or any really) last, but pretend it is 40 years and they are 20 years old. 

How long did it take you to build enough reserves to purchase in cash?

There is a solution though because there is Non/QM which offers a few programs like (1) year 1099, Bank Statement, and DSCR programs. 1 year 1099 is self-explanatory, Bank statement uses 12 or 24 months bank statements gross deposits and divides that income usually 75% over 12 or 24 months, and DSCR requires No income or job, it uses the rents of the property as income as long as the rent(s) are equal to or greater than the proposed PITI payment.None of the above Non/QM offer construction loans though so you will need to stay W2 or wait 2 years.

It really depends on how efficient you are with your work, but it definitely gets busy at 100+ units.Jamaica, I forgot to address the "mid-term rental" issue.

If a bank chooses to lend on the POH value it may be at less favorable terms than the land value (10 or 15 yr term versus 25 yr for example).

Purchase price: $2,010,000 Cash invested: $600,000 purchase with tenants in place, many long term What made you interested in investing in this type of deal?

no one drives buyers around anymore.. thats a thing of the way long ago past. they will drive to the home to open it up for the buyer..

If you have any ideas please drop them down below and hopefully we can build a long list of great strategies, thank you!

It sounds like you're saying that the cell can have a separate bank account opened as long as the master account is already in place (at the same bank) - is that correct?