I don’t think his crystal ball is telling him that he just needs to carry the loss across all these properties for 9 months - he’ll take what he can now, which suddenly includes long term tenants, furnished or otherwise.

Suzanne, My use Carried Phillips from Robinson Burdette Martin and Seright, LLP.

Do buy solid cash flowing investments in good surrounding areas and the current cash flow will carry them through a strong future.After thousands of experiences..Here is what we see work the best.

I carry a lot of weight in life but I manage it well.

Then you're going to drop another 120K in to the property putting you at 80% loan to value without taking carrying costs or construction overruns or down payment or closing costs into consideration.As @Issac San Miguel said, this would not be considered for a DSCR loan if it needs renovations. 

This is not a quick or easy process in most cases, so you may have to continue to carry the mortgage for 6-12 months to make it work, which means it has to have a lot of meat on the bone to be worthwhile. 

From a waiter all the way up the totem pole, you can develop and hone skills and grow in entrepreneurship that will carry over to real estate.

The box home improvement stores carry them.  

One company owns everything and does nothing (this is your SLLC a/k/a “asset holding company”) and a completely separate company handles all of your operations (this is a traditional LLC a/k/a “operating company”) For the operating company which serves as your face to the world and through which you do all your business, you establish a Traditional LLC to carry out the operations of your investments.

@Adam Johnson I make my own on seller carry notes.