What are other stuffs that needs to be taken into account?

If those numbers do not fit FIs, then it is likely bad investing strategies or one has an unrealistic outlook on living standards.The example takes into account to average cash flow of $200-300 per rental.

For the DSCR loan you can also get a gift from a relative if you have at least 5% down of your own funds and with good credit you will not need to show reserves!

I don't want to miss a good opportunity but I am also ok being patient - just trying to get all my ducks in a row, so I have the knowledge if something does come along - our credit is 800+ and we have about 900k in equity in our home with a 3.625 interest rate. 

and what would this do to my credit score? 

These lenders often have more experience and flexibility with properties that include ADUs and JADUs.Community Banks and Credit Unions: Local community banks and credit unions may be more willing to work with you, especially if they have a better understanding of the local real estate market and the value ADUs and JADUs bring to a property.Mortgage Brokers: A mortgage broker may have access to a wider range of lending options and could help you find a lender willing to consider your property.

I recommend that you build your team with qualified tax and accounting professionals.

The leasing broker has to work a crap ton for their fee to get them to your site over others.If you decide all you can get is a higher risk small to no credit tenant then you may want to only start paying the fee once open and first months rent received on time and have a clause if the tenant goes bankrupt or closes the fee is no longer owed to leasing broker.

Here are some tips for networking and making the most of your account. 1) I'd fill out your profile fully before you do anything else!

The problem is that there are so many factors that impact the rate...credit score of the guarantors, Loan-to-Value, property type, citizenship status, etc...the list goes on.