It ties up your liquid assets into a property, slowing down your ability to grow/scale. 2.

When you tell your friends you are a real estate investor, they want to hear you are investing in flips and cool multifamily properties.

Or, I sell the Stockton home and put the money made, along with my savings towards the Sacramento home and be mortgage free within the next few years.My long term goals are to have cash flowing rental properties, but to also be financially and debt free. 

Hey All, I wanted to get some advice on how to use other people's money to purchase a long-term rental property. 

You can speak to the lenders you are talking with about their debt to income etc. if you are getting conventional loan they will take that into consideration, if you go with a DSCR loan they look more at the metrics and financials of the property.

Have you considered using long-term rental loans to finance your properties?

I was a little busy dealing with the hurricane (buttoning up both rental properties as well as my primary home) and evacuated myself on the 8th.  

I'm scaling into a commercial property and starting a boutique hotel.

For rentals, focus on properties that generate solid cash flow after covering mortgage, taxes, insurance, and maintenance.

Setting clear expectations upfront with a detailed lease agreement is a must.Consider Property Management: If managing the property starts feeling overwhelming, consider hiring a property management company, even if just for the rented units.