(snooze, you loose, right!)

Achieving (more importantly justifying) Qualified Real Estate Professional status is doable but complex and you’re going to need your own property in order to justify having annually spending that amount of hours (it is highly unlikely that any QREP audit would hold water based on you (or non W2/1099 income spouse) allocating the required hours on someone else’s passive deal).

This is definitely doable if you can thread the needle of rents supporting the low down properties and you can sustain two mortgages at once.   

Maybe the dude's just ready for the funny farm and you caught him after he took his meds and before he hit the hay for an afternoon snooze in the sweet arms of whatever smack he's on.Seriously, you just asked the owner how much rent the portfolio takes in and he played big-man-don't-waste-my-time on you?

If individuals and/or LLCs are the beneficiaries, then it is doable. 

So yes, it's doable, but not easy in this market at all. 

Hey guys! 
Quick question: can you use a DSCR loan to acquire section 8 housing? If so, what ratio would be necessary? Thanks! 
-Nick

Tree clearing, grubbing, moving dirt for cut/fill operations, storm water, power, gas, water, fire access etc. not a small task but doable.  

If that is actually doable and you are open to expanding with a silent investor, then hit me up.  

That is what insurance is for :)Insurance is a royal pain in the *** right now, but is still doable with the returns on the right property.