You should do a careful financial analysis to see how much rental income you might make compared to the expenses and potential challenges of being a landlord in California.

Hi @Norma Guardado, I would reach out to several lenders and compare rates/fees. 

FHA loans will have mortgage insurance no matter which lender you go to, it's a feature of an FHA loan.

I am looking for guidance on best lenders in Wa State.

Following David Green's Core 4 strategy (realtor, contractor, property manager, and lender) gives confidence to invest anywhere. 

One thing to note when comparing quotes (I would recommend getting a couple).

Do any DSCR lenders appraise on the basis of ACTUAL rent?

Anyway, its the first time I have been involved as a defendant and lender in a dispute between the borrower and a neighbor.   

I say that because I have spent over a decade managing risk for a large multifamily lender, and as a result, I have found myself quite risk averse - to the point that I am just now getting into investing in real estate for myself.  

This clause gives the lender the right to demand full repayment of the loan if the property is transferred without their approval.