Our team recognized that it was in an area that was mostly MFH and was able to find that anamoly in the listing that most people would have missed.

We own a duplex in a city where there is a cap on the number of vacation rentals allowed EXCEPT in certain areas which are called form districts.

, but it doesn’t allow as much flexibility as a direct cashing out of the farm.

@JD Monroe runs a team of VA's and could provide some insight!

When you don't allow a lender to pull your credit or order have an appraisal, then you increase their risk.

I reached out to my loan servicer to inquire about doing so, and received this reply:We have reviewed your request to convey this property to an LLC and unfortunately, your loan does not qualify.At this time we can only allow Fannie Mae loans to be conveyed to an LLC.

Go to BUILD YOUR TEAM at the top of the screen and look for local investors or meetups in your area.

What documents do they require, what credit scores do they allow, how do they verify previous rental history, etc.?

Then I began to network... alot, then I built a team RE agent, property manager, lawer... etc. then I bought my first unit. 

I see the advantages with DSCR… in that unlike conventional mortgages which have a 10 property cap, and it becomes exponentially harder to purchase each time… DSCR allows you to build a portfolio.