A well written management contract should clearly spell out what is expected of both the PMC and the owner, to PROTECT both and avoid misunderstandings.

Also, drilling a well is not always an option.

I was thinking of DSCR as well as it would have no problem with LTV or DSC Ratios on appraised rent vs. expenses.

Tristan, I was hoping you would get some input as I would love to know the answer as well.

I am already preapproved and could move on to something else that would not cash flow nearly as well.

It has been a dream of mine since I got into this industry to own my own healthcare facility. 

STR in those areas do well year round because of fall colors and ski resorts and snow mobiling if they are on a lake, but on the flip side you are paying significant more because they serve dual purpose.  

I figured, while I'm doing my own research/self paced education by reading books, I might as well take a course as well and get my RE license!

Hi all,Been a BP pod listener for the last few months and am pushing myself to be more active here as well.

My next option was to remove these.Don’t forget to check your irrigation lines and valves as well, if you have any.