You also must know your numbers and have a real deal.Other reasons may be that the deals presented do not make sense to the lender or you don't have a track record.

Luxury real estate deserves you full attention.

So yes I think this is a good deal, not sure how many partners you have on this deal but I think your decision depends on how much each of you need to make on the deal for it to make sense and how quickly you all want the return. 

A DSCR loan allows investors to qualify for real estate financing based on the property’s rental income, not their personal income.

Investing in Columbus, Cleveland, Akron, and Cincinnati in properties 3+ bed, 1000+ sq ft, cosmetic rehabs for long term rentals.Hey David, I moved to Columbus a few years ago (from Portland, Oregon which was super expensive) to become a full time real estate investor, and ever since, I've completed quite a lot of BRRRRs, flips, and own a successful rental portfolio here in Columbus Ohio.

(Not a realtor that does it on the side, a real PM.)

If anyone is looking for a connection with nationwide experience all throughout the real estate world, (SFR, property management, investing, dispositions, new construction, etc.)

If you have been doing real estate forever does that mean that you are doing it wrong?

I guess it really depends on who you get as property managers.

It probably depends on the specific market and the supply and demand in that market.