If memory serves, we made this mistake just often enough to create a policy change where, regardless of any subsidies or assistance programs, you still had to meet our rental criteria.

I always tell people, before they start thinking about what % they can leverage out the refinance for, ensure that this property will meet the DSCR threshold at the higher leverage amounts. too many people get caught up on whether they can get 70, 75 or 80% but then when the appraisal comes back and market rents show less than they thought - they are out of luck.

If any one is interested in meeting up and going with me to learn and connect and help each other grow as investors.

You can't legally do anything until the sale closes, but you may get permission from the Seller to introduce yourself to the property manager and tenants.

@Jonathan RiveraAt the least an OOS investor should go and check out neighborhoods and meet with potential PM's before investing a single dollar.the turnkey concept works for some but more threads on BP talk about missed expectations from the turnkey operators.

most condos in Miami do not have reserves nor meet the lender requirements for a lower downpayment financing. most will require a 20-25% down let me know if you need any assistance I will be glad to help here in Miami

@Brian Cam When a person has a property within a trust this just gives them a type of protection from a legality standpoint; however, this is not the best protection in my eyes (this is just my thoughts, and information that I read). 

So if the Fed cuts in upcoming meetings your rate would decrease.  

What is he legally allowed to do in the company if we were able to successfully bring it to reality? 

Have you attended any local REI meetups in your area to meet other investors in the area who can guide you on the nuances of St.