Sometimes keeping track of all of the small ticket (and big ticket) to-dos can be challenging, especially when you have multiple rental properties for which you need to keep this information organized.While sticky notes and notebooks are definitely super helpful (that has been my process in terms of helping my family member out with some of these action items for their rental property, up until this past summer), it could be a good idea to check out a potential online rental management & success tool that allows you to manage maintenance requests specific to the unit (one that allows you to manage all maintenance requests from your tenants with comprehensive maintenance tracking capabilities, ie. can include photos, time-stamped/dates of requested repairs,  details of a required repair, will provide status updates on a maintenance ticket, and will cc a list of preferred contractors on all maintenance issues, all to make sure that those action items are taken care of for that specified unit).Definitely, something we've thought more about in terms of what might make this process a whole lot easier.

I have many clients who hit this threshold and we moved them to a commercial program for better pricing, coverage and a single policy.

Going to have to brush back up on my reading comprehension.

They can also give you the skinny on how much coverage you need etc.

As a result our contractor ripped through this comprehensive renovation in record time.

2) What are the personal requirements to get this kind of loan aside from property numbers like debt coverage ratio?

Hey @Napoleon Georgatos - Welcome to BP (from a fellow rookie in NYC)I'm still in the research phase of long distance investing as you are and some of the tools I've come up with are -Forbes - America's Fastest-Growing Cities 2018 (Purely for brain storming cities and some basic metrics)I'll then search the forums on BP with the city name (People smarter than me may have already done the research)I then read through the Comprehensive Annual Financial Report for the city to get a better idea of what's going on there (BP has a great write up on reading through these)I then like to use Trulia to get a feel for different neighborhoods/school districts in the city to help me decide which areas I would be potentially be interested in.Great questions!

Our agent identified 3 potential issues with the ADU as it stands now - 2 are related to zoning ordinance setbacks and the other is land coverage exceeding 50%.I realize I would have the same problems when I decided to sell the property in the future.If it cash flows to my liking, is it still worth pursuing, or should I walk away?

Your only option is non-agency loans but even there the options are No Ratio ( you still need 2 y work history),  Asset Depletion ( if you have hundreds of thousands in assets) and DSC (debt service coverage) where 90% of the rent needs to cover the Total mortgage payment (tax and ins included) the latter one is only for investment properties but they will not allow a first time homebuyer on an investment purchase. 

Another way is to asses the risk by looking at your debt service coverage ratio.