Things can and will go bad, but once there is enough monthly cash flow generated it will be extremely difficult for that one big issue to put us away or even 2-3 big issues all at once. 

It’s ideal to have them view the property after the inspection, so they can consider any issues discovered during the inspection in their bid.

It separates your personal assets from your business, providing a safeguard if any legal issues arise related to tenants or the property.

•Check historical flood maps to see if flooding has been a recurring issue in the neighborhood.3.

I’m interested in purchasing an investment property with equity I’ve developed in my current home, however I’m concerned that if I have an issue renting out the new home it can blow up in my face.

I remember years ago our attorney reviewing one such issue for a client that was coming over to us. 

I have some acquaintances that have wrapped DSCR Loans without any issues.

You need an income that meets three requirements:Rents increase faster than inflation to offset constantly rising prices.It must be reliable; it continues even during economic downturns.It must last throughout your lifetime.These are all long-term requirements, so the current interest rates are not the major issue.

.**** My current issue with the lender that I recently spoke with was that I had to have experience building a SFR on my own property and have sold or refinanced and held in order to be approved for the loan.

There are definitely advantages to the liability issue when using an LLC, but there are some disadvantages as well.