This criteria is for 1-4 and 5-8 unit programs.I've included an example below to help illustrate this.So different lenders have different rates (which do vary even for DSCR loans) but these are factors they all consider.See example below:DSCR < 1Principal + Interest = $1,700Taxes = $350, Insurance = $100, Association Dues = $50Total PITIA = $2200Rent = $2000DSCR = Rent/PITIA = 2000/2200 = 0.91Since the DSCR is 0.91, we know the expenses are greater than the income of the property.DSCR >1Principal + Interest = $1,500Taxes = $250, Insurance = $100, Association Dues = $25Total PITIA = $1875 Rent = $2300DSCR = Rent/PITIA = 2300/1875 = 1.23DSCR lenders generally let you vest either individually or as an LLC.

It feels like a constant cart before the horse but I have become better at scaling over time, today own and operate 194 units mainly in the manufactured home space but we have more than a dozen single-family homes, a motel, and an apartment complex.I have myself in a CEO position but I also fill the position of sales and acquisitions.

It has worked well with my portfolio of 7 buildings which have 25 units.

When filling out the IRS SChedule E for a multi unit property, do i list each apartment separately or do i have to list it as a "property". 1 "property" has 4 units or apartments with different rental days and expenses, etc.

I believe this is where the focus of the conversation should be....who exactly is the GP and what is their true background and level of experience.

This will tell you a lot about the popularity of the area.I can also help you figure out the rents of an average 2/1 unit in these area if you like.

There are different levels of methods.

The property has three floors, and I'm looking to potentially convert it into multiple rental units.

One of the strategies that my property management team currently does to try to generate more PM leads is that we send out mailers to any expired and sold multi-units on the MLS.

I am currently looking at occupying one of the units, turning one of the units into a long-term rental, and the third into a short-term rental.