I'm currently buying properties for myself out of state and hiring property managers - I would plan to do the same here, so my role would not be particularly hard or intense. 

Whether it’s keeping up with guest communication, adjusting prices, or just finding time for all the details, I’d love to hear your experiences!

I wanted to add to the Why, should a investment property buyer use a DSCR program over a Full Conventional purchase or refinance, as we do all programs, whether for a primary, 2nd home or investment property.Currently Full doc loans, meaning using tax returns (2 years) for qualifying can be tedious work and interest rates are higher compared to our DSCR products, since on Fannie Freddie conventional loans require LLPA's ( loan level price adjustments) added to the base rate.

I've had a chance to adjust these since talking with someone else, and I'm definitely NOT doing a HELOC and a Hard money loan.  

For future reference, the agencies will often adjust LTV/DCR by -5% LTV / -.05x DCR for loans involving new agency borrowers with minimal experience / like size AUM / etc. 

This is assuming the rental has been on the market for a while, is priced competitively, and the asset is in good condition.If you aren't getting enough qualified applicants, you can adjust 2 different things; the qualifications or the rental amount. 

His Screening parameters were not as restrictive. do you need to adjust your screening parameters?

There were comments that the sponsor wrote they did not believe in fixed debt and went with adjusted debt because you lose the chance for rates to go down.

Yes you would honor their leases until they expire, then you can adjust their lease or end the lease so you can renovate the property. 

With interest rates on the rise, how have you adjusted your funding strategies?