You are allowed to ask the applicant questions.

I am now just learning about the BOI form.

If you were not purchasing with hard money, and had the option of putting it in an LLC, I would. 

Going the DSCR loan route is a great way to scale your portfolio. 

I recommend that you learn the tax code and take ownership over your strategy.Not having some foundational knowledge and an opinion on how to approach taxes as a business owner is a huge mistake.In my experience, every single business owner who says "I just let my CPA worry about it and I focus on my business" is doing a suboptimal job at tax planning.They are likely missing out on 10s or hundreds of thousands in saved dollars every year.Stop making excuses and get to work.Just a few months of part-time learning about taxes will pay you for the rest of your career.

Approached the seller asking they pay all closing costs, received enough credits to buy down the interest rate back into the 5-range (current rates were in the 7-range).

It's always the right time to buy - at the right price.

Direct IRA How did you add value to the deal?

What is the best way to find and approach people who are not necessarily selling at the moment and make them consider a sale?

Hi Thu, self-managed STR owner in the California High Desert and realtor who has helped several clients purchase properties for the purpose of renting on a short-term basis.General questions pertaining to the overall STR landscape should not incur a cost when directed at a PM/co-host.