Typically a Notice to Pay or Quit (the wording may vary by state).  

I have a Masters degree in accounting and 15 years in industry and I think I’ve learned more in a couple months with Pace.

I’ve been doing what I’ve been doing in public accounting and financial services in combination to various degrees for over 23 years and helped many people, not millions mind you.  

So, I think these finer points probably vary from state to state but overall its exactly as you described.

I dont see housing dropping a large degree and def not in 2022. 

It goes against your bold to a degree as 100% is a bad focus but it should be the primary focus.

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 = 1.23If a purchase, you also generally need reserves / savings to show you have 3-6 month payments of PITIA (principal / interest (mortgage payment), property taxes and insurance and HOA (if applicable).

Plumbing is a different story and will vary with the plumbing set up and your skill level.

I'm receiving multiple offers ranging from 11.75% to 12.25% with points varying from 2% to 3%.

Hey Hai-Section 8 housing rules vary from state to state and even city to city.