If it takes days for them to call you back then forget ever working with them.If they call back quickly then tell them you are an investor. 

I have gotten financing on a duplex that was going to owner occupied and had 2 active tenants.you just have to move in, I seem to recall within 30 days, but I haven't ever had anyone ever check in to see if we had moved in.Now for full disclosure, every time we have done an owner occupied loan, we have planned on and eventually moved in, and I would not commit fraud by taking out an owner occupied loan and never move in. 

Has anyone ever had experience w/ LenCred?

If you're looking to build a rental portfolio, I don't think there's ever a bad time to start.

If the home is nicely remodeled and/or larger than the typical 900 sq ft 2/1 in the area, you might could get $1250, but I think you will be disappointed with vacancy and turnover at this price point.

Who would ever pay that when they could buy it with 3.5% down on a FHA loan with 5% interest rate and have a monthly PITI of $3,671?

For example I rarely if ever see North and south Dakota notes so they could be the best states ever and it wouldn't make a difference.Most of the notes available are in the midwest and the south.

Although we are on opposite ends of the county, feel free to reach out if you ever want to get together to talk about investing (or how California still might tax you for out of state investments).

I love seeing these success stories in LA because all I ever hear is people say it's impossible to make money in this market with how competitive it is.

Don’t ever take the sellers word.