Read the electrical and plumbing code, from what I read, anyone can replace light fixtures, switches, recepticals and faucets, but that’s how I read it, as for permits, depends where you are, some places have $200 thresholds, some require permits for any work, others do not require permits unless structure is changed like in Merrill.

I've included an example below to help illustrate this.So different lenders have different rates (which do vary even for DSCR loans) but these are factors they all consider.See example below:DSCR < 1Principal + Interest = $1,700Taxes = $350, Insurance = $100, Association Dues = $50Total PITIA = $2200Rent = $2000DSCR = Rent/PITIA = 2000/2200 = 0.91Since the DSCR is 0.91, we know the expenses are greater than the income of the property.DSCR >1Principal + Interest = $1,500Taxes = $250, Insurance = $100, Association Dues = $25Total PITIA = $1875 Rent = $2300DSCR = Rent/PITIA = 2300/1875 = 1.23DSCR lenders generally let you vest either individually or as an LLC.

We have one that's about 2x the rent, but this would depend on your lease).

It just depends on your strategy.

It all depends on the seller.

They also give you between 10k-15k skip traces depending on the package you choose.                      

But if you keep your house as is, then there shouldn't been a property tax hike.3. lawn care, utilities, parking spot 4. saving up for capex expenses (i.e. 5-8% of rental income depending on the condition of your home)5.

At the end of the day, this all depends on your budget. 

As always, it will depend on your prospective tenants.

Appreciating it as a student of the Constitution and as a former trailer park resident.it might depend on which specific individual were talking about, but most of the founding fathers supported the idea of the common person being able to have a decent life with a little property ownership.