Just curious... what are your 4 other sources of lead gen?

Serious buyers, but need guidance on neighborhoods to avoid, what may be for sale now that is already income producing, areas to consider, etc.Thanks!

I will rent out this new house, covering my mortgage payments with the rental income and steadily building equity over the years.Let me know if you are interested in doing something like this in Southern California, I have my team (brokerage, lender, architect, GC) ready to go.                          

Show one to your tax preparer and ask them what else you need.Your PMC should give you an Annual Statement in January of next year showing ALL income they collected on your behalf with a 1098.This should be all, with anything you paid separately, your tax preparer should need.

Some more info on DSCR rates and how they're calculated:DSCR loans won't use your income to underwrite the loan.

Understand factors like demand, supply, demographics, and economic trends.Diversification: Spread your investments across different types of properties, locations, and markets to reduce exposure to risk.Financial Analysis: Conduct comprehensive financial analysis, including assessing potential rental income, expenses, and cash flow projections.

What I’m really intrigued on doing is getting a short term rental, mainly because of long term appreciation and I can depreciate the first year and potentially reduce my other businesses income so there would be a tax savings there on top of some monthly income coming in.

I'm looking for suggestions, possibly even an equity partner in the deal, and/or a down payment help funding source.

Also, focus on 2 years of job/income stability.Class D Properties:Cashflow vs Appreciation: Typically, all cashflow with zero or negative relative rent & value appreciationVacancy Est: 20%+ should be used to cover nonpayment, evictions & damages.Tenant Pool: majority will have FICO scores under 560, little to no good tradelines, lots of collections & chargeoffs, recent evictions.

We hired contractors to construct the basement unit and turned 300 square feet of unusable space to a $1,000/month of rental income.