@Olu Efunwoye I personally wouldn't pay for this, $40k for a coach? 

Hey Byron,So the advantage of doing Refi compared to a HELOC is that the heloc is personally backed to some degree while a DSCR refi is backed by the (hopefully) cash-flowing asset.

However, nothing tops in-person connection.

You can close in an LLC if that's a concern, and many times the debt isn't reported to personal credit.

As I've been learning, there are the key taxes to understand when investing into a new area or state:- State business income tax (if you have an LLC)- State personal income tax (if they want to tax you too, even as an out-of-state investor)- City personal or business income taxes- Any registration fees due the city/state- City/state property taxesAnd I'm sure more!

You can always pick those up after the lease ends via a judgement in court - you will have the same odds of collecting unpaid rent (close to 0).Sometimes we take it personally when folks do stuff like pay late every month - landlords live longer when we learn to not take things personally.

You may or may not have a personal guarantee, but probably will.  

The doctor found out that I was going to visit those 10 to speak in person with the borrowers and try to decide on the best course of action.  

Personally I’d have them start saving up and get traditional financing and pay you off.

I have watched the 90 day challenge webinar and have been reading posts on BP nonstop.