I'm also from CT and I purchased a house in March that was oil and it took about 6 months for the gas to be brought in so this is not a quick job (even though we think it should be).

In addition, they took a loan out on their primary residence to pay off the pre-school but when Covid hit in March of last year, they had to shut down.

For example, I can't progress further on my Puerto Vallarta project until I travel there, which I couldn't do before the second part of March.

It should lease each property from a land trust with a right to sublet.A single member LLC can be reported on schedule C of your personal tax return.A multi member LLC must file a separate tax return which is due by March 15th even if you did not make any money.

It went into affect for loans submitted on or after March 7th.DSCR aka business purpose lending has as little as 90 days seasoning as @David Lambert stated.

I'm in the same position as you, me and my girlfriend bought in March.

I may just wait until after March until I kick my single family mailing campaign back into gear.  

In 15+ years self-leasing proprieties I’ve always found strong demand through end of September here in the northeast USA, with a rapid drop-off in October/November and a black hole from December - March.

-Or are you marching forward, steadfast if the opportunity makes sense and the numbers meet your criteria?

As well, when rates were cut in March, we were able to take advantage and refinance out of the existing 5.25% rate on our first deal to the same rate of 3.7% that we were about to close our second deal with.