Hi Jerome - MTR is certainly one of the areas of lending that is still new and lenders are still adapting - probably going to run into trouble with more traditional and conventional lenders - which generally take a long time (years) to adapt to new trends like thisI wrote about this late last year as one of the developments to watch for 2024 - particularly how DSCR Lenders are approaching, which is likely the best bet for this investment type currently (but note not all DSCR Lenders are the same - so will need to vet and pick one that is MTR friendly and generally forward-thinking)What’s Next For DSCR Loans?

Best of luck!

Re-habing a house from scratch is very difficult, we are doing it by ourselves which is even more difficult but enjoying the process and learning.

I know there are many great tax breaks too from my listening to the BP podcast so I presume that owning property in a company is the best way forward in the USA, much like it is in Europe, is this true and if so, what company structure is best please? 

It's best to discuss these options with your lender and possibly a real estate attorney to ensure you make the right decision.

I will do my best to answer your questions.

I have never used and am not familiar with them (but am seeking funding at this very moment!)

From her explanation, it sounds like she looked at her overall situation and declaring bankruptcy was her best course of action.

The price for these 4200 SF buildings are very low about $135,000 per unit leased at $1350 a month and they have high end custom finishes and private patios, covered parking for 2 vehicles and usually all individual meters.

We also use a trust structure to help protect the transaction when needed.I do agree with you that having the dollars to pay off the mortgage if something occurs is best practice.