You will be able to finance 100% of the renovations as well. 

We use Appfolio in our office and love it, and I know there are people out there who use Turbo Tenant as well, I actually met their CEO at a conference and he was extremely knowledgeable of the struggle in keeping track of it all.  

View report*This link comes directly from our calculators, based on information input by the member who posted.Good early morning!

I think it’s better overall to create a team and include an agent in that. 

They will inform you of the problems but still close per your instructions.The unpaid payments are called arrears and they must be paid to settle the preforeclosure.Preforeclosures are a bit tricky and should involve someone who knows what they are doing and what each sides options are.

For whatever market you find yourself, just make sure you build a team out that you trust so you can make the most informed decision as possible.

As you might know already, a lot of big corporations and wealthiest people of the US have moved to Miami area in the past 2 years as well as families who follow better lifestyle for their children's future and themselves. make sure you buy a somehow unique product (for ex; water view, flexible layout, high ceilings, building amenities etc). 2. 

Run different scenarios, use the information you have and then make it worse case.  

By pooling financial resources, we secured the property and funded the $25,000 renovation, ensuring the project was well-capitalized from start to finish.

@Jay Hurst never done a DSCR loan before so this is new information and very much appreciated.