I do have a lender I’ve started talking to to find out what I qualify for.

Here is a summary of the book.https://www.nateliason.com/notes/long-distance-real-estate-investing-david-greeneThe book also mentions the importance of having a rockstar Realtor, contractor, lender, and property manager.

Including, but not limited to, contractors, lenders, wholesalers, potential sellers, potential buyers, attorneys, title company, inspectors (all types!)

We keep your doc's stored in a secure portal that you have access to and we can use for any purchase or refinance in the future it does cut down on the time frame next time around.It's also good to take a look at other bigger banks programs and how they can help offer lower rates and not have to pay points like lenders and brokers charge!

For conventional loan, our previous lenders did not accept it.  

Even if you create a non-CA LLC, if you are managing the business from California, you will likely be deemed to be "doing business" in California and therefore likely subject to CA taxes.

Lots of sprinting and longer periods where there is minimal activity.Leasing season is 2.5 months of non-stop tenant inquiries and requests.

However, this morning, the lender called me saying he no longer works for the company and they are switching lenders.

Option C : borrow the EMD from the many willing lenders and pull $5000 out of his $ 20000 assignment fee.

DSCR loans are typically stabilized properties so doing anything other than collecting rent is not attractive to lenders for DSCR loans.