Regardless of whether the owner turns a profit, brokers are called up on to sell, lease and manage, lenders will finance, contractors (often affiliated with PM companies will be called upon to put out the constant fires).

Best of luck with your property management company!

They are a corporate housing company.

When I tried to get it when my side of the family found out and tried tp take over reverse mortgage payments to bank because she had died it was to late so they sold the house to Hud and then other reverse mortgage companies but a relative still lives there so they can't kick them out.

Also, be sure to notify your insurance company that while you are still living on the property, you also have tenants. 

I have five houses in Memphis area, and the biggest problem has been finding a good property management company. 

Currently I own a large real estate company and still get some great value out being in his inner circle of real estate operators. 

Along with that, there's been a solid amount of industrial activity, particularly near Riverport and the Bluegrass Commerce Park, due to a strong presence of manufacturing companies in Louisville. 

A good attorney, RMLO, and servicing company play a big part of this. .

The concern with the DSCR loan is that I need to make the property present as though it's rented to individuals during appraisal (tough since it's a working rehab facility now) and must create another lease that shows the tenant as personal and not a company.