I think it's very dependent on the property and market. 

As others have mentioned, DSCR loans are generally for turnkey rentals (although outdated rentals may still qualify depending on the level of deferred maintenance). 

Contact the utility provider and get a historical average based on the last year of use.

The sale of our home will provide us with approximately $150,000 to allocate toward investments.At this stage, we feel most comfortable focusing on long-term rentals.

Try a Google search for managers or look for an investors group in the area that can provide personal recommendations.1.

These can provide good cash flow and are easier to manage than larger commercial properties, especially when you're just starting out.Also, when I was starting, I found local meetups super helpful.

Please note the information provided below is a layman's definition designed to provide a basic understanding for the general audience.

Most of our out of state investors in Pittsburgh find success depending on their expectations.

Bottom line, provide a notice in writing.

A trust transfer allows for smoother estate planning, and if inherited after their passing, the land receives a step-up in basis, reducing future capital gains tax.Each method has pros and cons depending on their estate plans and your long-term goals.