DSCR loans are typically for income-producing properties, whereas HELOC's are used for personal expenses or home improvements.

I would add in addition to square footage and sleeping capacity look at similar amenities.If everyone in your area has a hot tub , then you need one too.

We're currently saving up enough for a 20% down for a conventional loan to bypass having to pay for PMI and MIP, as these 2 additional monthly expenses are a "make it or break it", in finding a cash flowing property in California.I would love to know what your story was like when you first started your real estate investing journey!

Mobile home will rent for additional $800-900. 

With regard to cutting grass, installing A/C, buying an additional fan etc, if it wasn't my responsibility under the lease I would say no if I didn't want to do it or I would quote a price for the work.

I do not have any 1 BR STRs/MTRs but I have seen annual STR rents based on bedroom count in both my market (San Diego) and emerald coast (one of the markets I have made offers) and the difference in the income is substantial between 2 BR and 1 BR.  

I've always used my business solely to generate an income/paycheck, however I'm ready to transition and use my experience to facilitate investment opportunities.

We advise landlords to require two main criteria:1) Household income should be at least 40x the monthly rent.2) Applicants must have a credit score of 680 or higher.It's also important to review credit reports for red flags like rental collections or high credit card balances.

Communicate well and perform when you say you will and they will reach back out to you for additional deals.

Bear in mind I'd still work, say a few days a week and make enough income between rental cash flow and working to clear my annual expenses by at least $25K after taxes.