Additional expenses include property management at $142/month, property tax at $1700/year, and other costs like insurance and maintenance.

Because the data they provide includes sensitive information like SSN, DL number etc...it's considered GLBA data which has strict legal guidelines on how it's used.If you're curious about how much I truly understand about skip tracing data and different strategies on how to implement it into your marketing, just google Larry Higgins Skip Tracing and you'll find some podcasts I've done on the subject.Good luck on your search.

A DSCR loan, or Debt Service Coverage Ratio loan, is underwritten to the property income instead of your personal income/taxes/debts.

Reading some of the posts it seems I’ve stumbled into an arena of folks far more comfortable with large amounts of debt. 

There is established law that payments apply to oldest debt first.

This includes checking past landlord history, money in the bank, paystubs, etc.

HELOC as a short term debt instrument.

Do a detailed financial analysis, including how much you'll need to invest initially, how much renovations will cost, what it'll cost to furnish the place, and what ongoing expenses you'll have.

You should only proceed with appropriate protection in place, which includes a significant down payment of 10% or more, a solid mortgage, and an attorney prepared to help you with the foreclosure process.I don't see any benefit to your buyers, but if they are willing to pay you 10% for 20 years, then go for it! 

Hello BiggerPockets community,As a first-time homeowner in Florida, I've encountered some unique challenges, including the need to pay for an insurance policy upfront for a year in escrow due to the home's initial condition.