By renting out the additional units, investors can cover their mortgage and expenses while generating passive income.2.

In 2023 we had no major expenses, occupancy was right at 59.7% (218 nights) and we averaged about $175 per night.

I've paid off several 15s and don't regret going that way on any of them. 

It will be more expensive for sure.There are some places you can get some deals on things delivered but they are often not the best quality.

However, I have started a great new career but it is going to take around 45-60 days before I start getting paid.

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.

Quickbooks has gotten expensive and I'm considering just using Stessa and then sharing the reports with my CPA at the end of the year.

On Schedule E, I can see the rents received for each property along with the interest paid.  

In the end, our insurance, combined with the homeowner's policy, paid out $240,000 to the claimant.But a much greater problem could have arisen if the insurance company concluded that we were guilty of GROSS NEGLIGENCE.

It looks like it is withholding applied to you when you file your MD non-resident state tax return.if you over-paid, you get some sort of refund.Some states require title companies to withhold on non-residents to force that person to file a return.