Evening all, Hope this post finds you well, feels like we have been running in circles for the last few months with no clear path in site.

Nurses might just have a 2-year degree, but all licensed K-12 teachers and most medical professionals in New York State have master's degrees, background checks and even fingerprints with the state. 

It is not even an issue of the hours and hours this research takes up.

@George BlowerGood Evening George, hope your week got off to a great start!  

Even created and launched a real estate fund.

. - The easiest to qualify are buyers looking for a primary residence, even better if it's their first purchase.

Probably cash flow or break even often requires 30-40% down. 

Hey Ajul, that bonus depreciation is no longer at 100%. in addition to that, you need to qualify as REPS or be using the short term rental loophole to even be able to take advantage of that deprecation against your active income.

I've included an example below to help illustrate this.So different lenders have different rates (which do vary even for DSCR loans) but these are factors they all consider.See example below:DSCR < 1Principal + Interest = $1,700Taxes = $350, Insurance = $100, Association Dues = $50Total PITIA = $2200Rent = $2000DSCR = Rent/PITIA = 2000/2200 = 0.91Since the DSCR is 0.91, we know the expenses are greater than the income of the property.DSCR >1Principal + Interest = $1,500Taxes = $250, Insurance = $100, Association Dues = $25Total PITIA = $1875 Rent = $2300DSCR = Rent/PITIA = 2300/1875 = 1.23DSCR lenders generally let you vest either individually or as an LLC.

But even parts of the Midwest are getting tougher.I operate almost exclusively in Detroit and we're still doing a lot of cash flowing deals there even after 75% LTV refinances.