I am always down to talk about real estate investing in Columbus, Ohio.I can share insights on investing on both single and multifamily properties, including out-of-state investing. 

This investment is a great first step to building your real estate portfolio, remember to factor in potential fluctuations for refinancing and have a buffer in your rehab budget for a smoother experience.

After completing an online form and following up with all of the questions and correspondence that was sent my way (including sending my proof of cash funds, account statements, etc), these folks let me know they were not interested in working with me. 

We go so far as to include lawn and landscaping care in the rent, non optional, because tenants suck at cutting grass and maintaining the exterior.

I've included an example below to help illustrate this.So different lenders have different rates (which do vary even for DSCR loans) but these are factors they all consider.See example below:DSCR < 1Principal + Interest = $1,700Taxes = $350, Insurance = $100, Association Dues = $50Total PITIA = $2200Rent = $2000DSCR = Rent/PITIA = 2000/2200 = 0.91Since the DSCR is 0.91, we know the expenses are greater than the income of the property.DSCR >1Principal + Interest = $1,500Taxes = $250, Insurance = $100, Association Dues = $25Total PITIA = $1875 Rent = $2300DSCR = Rent/PITIA = 2300/1875 = 1.23DSCR lenders generally let you vest either individually or as an LLC.

Hey Doug, I am a realtor in ATL and invest myself and currently have 10+ units in Atlanta.When it comes to investing in real estate, cash on cash return is an important metric to consider.Multifamily properties, including duplexes, can be competitive in the Atlanta area.

- How many personal use days (sometimes including family or other discounted renters) do you plan to have? 

If you are using an accounting software, it is impossible for the assets to not agree with the equity / liabilities.Did you factor in everything from the closing statement(such as pro-rated rent, closing costs, lender fees, etc)Did you use a PM company, if you did, did you factor in incorporating the PM Statements.Again, if you are using an accounting software, and factoring in all the transactions from your bank account / credit card, it should not be off.

Almost everyone here on BP will tell you that they wish they had started earlier, myself included.4.

I know dozens that live overseas and all across America, including me and do all their business in the Midwest Double digit net caps are the norm.