@Roi Azoulay I have been very happy investing in the Poconos for many years now.

They have a new development offering right now that I am evaluating.Has anyone here invested or worked with them?

If your lease contract is much more thorough and comprehensive than the lease they're on now, you may want to try having the current residents sign a new lease using your contract (you would probably need a mutual termination agreement as well to void out the existing lease; again, I'm not a lawyer, so definitely worth consulting one!).

Why aren't they buying the property you are considering right now at a cheaper price?

My sister and I have delt with it but different opinions on how to manage it so it's now 95% my sister. 

I still have to see what's happening with utilities, but right now it would cashflow anywhere from $150-$300 (depending on the loan type and DP we select) with a CoC ROI between 9.9%-10.8% (lower than some other options we're looking at, but it already has tenants...)Thoughts?

Purchase price: $1,280,000 Cash invested: $400,000 we were presented with the deal by a flipper needing to exit the deal. it was only rentable for $4500/mo as is, so we created a second unit. now it brings in $7200/mo What made you interested in investing in this type of deal?

I’ve got one property listed for sale now, so unfortunately that’s where a lot of my equity is until it’s sold.

Now I do understand the DTI will be affected but now I have another question for you— the property will be bought under an LLC, does this change the DTI in anyway? 

Thanks for these tips!