Lots of newbies want to negotiate deals based on caps and it gives you a false sense of value for a property. 

Consider theming your property based on popular attractions in the area, aligning with what guests are doing when they vacation.

A credible lender will be happy to provide them.Experience: Check how long the lender has been in business and their experience with similar projects.Red Flags:Upfront Fees: Be cautious of lenders asking for substantial upfront fees before any services are rendered.Lack of Transparency: If a lender is not transparent about terms, fees, or the loan process, it’s a red flag.Unrealistic Promises: Beware of lenders promising guaranteed approvals without a proper assessment or offering terms that seem too good to be true.Poor Communication: Difficulty in reaching the lender or getting clear answers can indicate potential issues down the line.By conducting thorough research and due diligence, you can confidently choose a reputable hard money lender that meets your needs.

A potential issue I will point out is that I’m pretty sure you need to put into service the property in the year you purchased it, at least for bonus depreciation.  

Hi Francis, the idea is based in the accounting formula of "Owners Equity=Assets-liabilites".

My properties are in three different states and I use local property managers for full-service management. 

Licensed Real Estate Broker owns a Realty One Group Franchise and also owns a Property Management firm servicing Queens, Brooklyn, Bronx and Long Island

DSCR loans won't use your income to underwrite the loan.DSCR loans are based off of down payment, credit score and either actual or market rents so it helps to supercharge an investor's real estate goals and net worth.

Check out a service called BookingPal dot com. 

Our team is looking for recommendations on cleaning services in the Manistee/Irons, MI area capable of tackling our AirBNB listings.