Hi everyone,I am looking for feedback on the Residential Assisted Living Academy based out of Arizona. 

These loans are based on a property’s rental income rather than your personal income, making it easier to qualify as you expand your portfolio.Networking and Mentorship:You’re already off to a great start by reaching out here!

Based on the knowledge and experience you have, would you consider this strategy if you had to go back at my age?

Ymmv based on your locale and who you are talking to at the time.

There are people out there who will lend on entitlements but that is typically if there is some horizontal work going on or if there is a LOI or some purchaser on the back end to buy it based on meeting some stipulations.

I'm based in the Boise area so we're a little far apart.

I am based in Edmonton, Alberta.

Onslow County is home of Camp LeJeune (Marine base) so there is always a big need for more LTR rentals.

Then based on purchase price and escrow I back into how much money I would need to put down to reach my cashflow goal. 

However, these programs typically qualifies borrowers based on their income, such as tax returns.The DSCR would be a good option considering you and your husband are entrepreneurs and the tax returns don't look good on paper.