I’m now pacing on my back deck, this guy is off his rocker.Now I’d been in the attic recently to replace some pot lights over the kitchen, maybe I stepped on one of the lines?

That's why he has agreed to allow me to try and help him.

There are DSCR programs for those who may be below 1.00 as well) Lenders will allow you to get really creative to make the DSCR work.

I've have my agent make sure each property allows STR.

Min Requirements:-Non-Smoker-Income must exceed 3x monthly rent-Min credit score 600-No evictions or unpaid judgements from previous landlords -Background check will be conducted on all applicants over 18-No more than two pets (dogs and cats) allowed.

It is important to remember that if you buy a single family home that you will live in for a while, consider living in it for 2 years before you sell because the IRS will allow you to exclude up to $250,000 of capital gain on your property from being taxed ($500,000 for married couples).

Is this legally allowed?

This allows very fast closings which really appeals to some sellers, they will take fast closing over highest offer if they need to move quickly.2.

Older properties could allow for a higher quantity of investments and potentially more cash flow, but I lack experience with these and would consider working with investor friendly realtor and property managers.I would greatly appreciate any advice on:New constructions vs. older homes.Self-managing or working with a property manager.Identifying promising locations for long-term rental investments.Thank you in advance for your time and help.

(Less notice is not allowed under the law.)