That's $18,000 a month income and their costs are probably 1/3 that.

There is still quite a bit of upside for this property as well current Fair market rates for Section 8 in Gary for a 3bed is 1539.

Is the structure currently boarded up against the elements, windows all of them, the roof, and any holes in the walls?

And her income is hard to verify.I'm willing to add 50% to whatever commission the apartment community or a home owner is paying to lease it out. 

I'm running 5 units currently through hemlane and it costs me about $45/m.

I prefer incoming rents arrive at the same time every month.

@Tchaka Owen well I’m currently pretty well doing the business by myself.

In case helpful, here's more info on DSCR loans:DSCR loans won't use your income to underwrite the loan.DSCR loans are based off of down payment, credit score and either actual or market rents so it helps to supercharge an investor's real estate goals and net worth.Here's a bit more in detail about how rates are calculated for DSCR loans:1.

In case helpful, here's more info on DSCR loans:DSCR loans won't use your income to underwrite the loan.DSCR loans are based off of down payment, credit score and either actual or market rents so it helps to supercharge an investor's real estate goals and net worth.Here's a bit more in detail about how rates are calculated for DSCR loans:1.

years prior the business was evaluated at $5.5 million but in its current condition we purchased it for $1.8 million!