Hi @Renzo Figueroa, I know someone buying properties in the Tampa Bay area with a unique rental strategy that is grossing around $4200-4500 per month in rent based on long term rentals on properties around the 400k price point.

I am able to do a CMA (Comparative Market Analysis) for you with specifics based on what you are looking for, however- I just need square footage, zip code, number of bedrooms and bathrooms, neighborhood, year built and age of home/upgrades and improvements to compare.

Based on your questions, here are some insights that might help streamline your financial arrangements and improve your system:1.

LLC's & US based bank account are typically needed for foreign investors with most DSCR lenders.Happy to chat further!

So if we offered 5.5%, our company would receive 1% and the investor 4.5%?

Strong job and population growth, plus VSU and the military base are steady growing.

IF you didnt lock - and rates  improve - I would expect the terms you are offered to be better .   

This is true in CA - you can't discriminate based on source of income.  

Such an agreement should detail how rental income and expenses will be split to avoid discrepancies and comply with IRS regulations.It's essential for both cousins to adhere to IRS guidelines, which require accurate reporting of rental income and expenses based on ownership percentages.

Hey @David Cherkowsky - going off of what Jaron already mentioned, there's no real "tool" to track appreciation because its very subjective based off of whats been selling in your area.