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.

In some respects, it depends on the track record of the investor rather than you timeline of any individual investment.

We never came up with a good answer. the step-up in basis requires the owner's death. 

TD was not interested in doing a new HELOC because my portfolio is too big for their lending requirements (7 properties with primary, I thought the limit was 10, but evidently not).In any case, I am looking to either do a DSCR loan or if possible find another company that would do a HELOC on an investment property.I am wondering what lenders you are currently happy with on the DSCR side and if you know any that still give HELOCs on investments.Thank you so much! 

I'm planning to write a clause requiring universal mount to stay and require that I install it but absolve myself of any claims of TV damages.

Additionally, the management software provider (Yardi), required to have a management entity and the way the software set up, it's having all rents/expenses going through one account which is tied to the management and not each property's account...If I run each property separately, it'll create a mess logistically. 

As I tell all individuals wanting to invest out of state, regardless of the market, your success rate will largely depend on the resourcefulness and reliability of your team (agent, lender, property manager, contractor).

DSCR requires "No employment" or job seasoning and is 15% for single family and 20% for 2-4 units.

It simply requires that you move out within three days after being served the notice.

With changes to the way we work, technology, and types of skill required, it makes sense that some won't feel that Cali works for them anymore.