Vetting specialists for the work that needed to be done including the property manager.

Some scammers actually have enabled their victims (tenants who call about the fake rental ads) to move into the home by breaking in and changing the locks, while the owner/seller is unaware because they aren't checking on the property.

Vetting specialists for the work that needed to be done including the property manager.

You don't want to add insult to injury by offering to buy their house off the bat including offering to do a Subto. 

BEAF(Break even appreciation focused)  properties3.

All my purchases are about the 80k price point (including rehab) and rent for 1200-1300/month.

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.

Looking to the BP community for insights on ways to structure a purchase while not breaking the Sharia Law of paying interest.

If that scenario doesn’t include financial suicide, bankruptcy, death, or something similar, then knowing that I’ll be ok in the worst situation helps with pulling the trigger. 

There are also some really great resources for anyone starting out with some local groups such as AZREIA where we have monthly meetings and some great subgroups, including a new investor subgroup.