Hi Jose,DSCR 1-4 Unit M/F 85% LTV | 15% Down, Loan Amt<$1.5M, (Note 80% LTV | 20% Down is typical for most lenders)------------------------DSCR 5-8 Unit M/F 75% LTV | 25% Down, Loan Amt <$1.5M (Standard disclaimer, all the above are subject to credit and guidelines.)

Existing tenant quality is subjective, and unfortunately, obtaining existing credit reports from prior owners may be hard to obtain.

Any additional thoughts?

I would love to hear from anybody in the Denver metro area who is house hacking or owns a rental house that is a two story with two separate units (separate entrance with an additional kitchen).

A cool thing to offer though is if a tenant in a multi-offers to cut the grass instead of a vendor and just allowing them a credit per grass cut. 

I ended up not investing for a few reasons even though the syndication sounded interesting:- They said they were oversubscribed but would still accept some additional funds.

In a partnership, you'd still have liability protection, and you wouldn't have the additional tax complexities that come with operating as a separate business entity.

But Flood insurance is required as primary ($2000 / yr)By the time I fix and sell the home (8-12 months estimated) and incur additional costs + holding vacant, and selling expense (SQUATTER RISK, <100 miles to MEX border), and then go back and recapture depreciation + Capital Gains... my TAKE HOME will be far less than the appraised market value. ~50% haircut.So... since all goes to charity in 15 - 20 yrs anyway... why not donate now and play those cards?

I am hoping to use a local credit union to get a better rate + pament terms.for capex/vacancy etc. what %tage of my monthly rent should I take into account?

Additionally, buyers may want to consider consulting with a real estate attorney or financial advisor to ensure they fully understand their rights and obligations under the financing agreement.