I did the permit runs / checks to assure there was no open permits, but as learning the hard way they did not submit any applications, thus none were open.  

Copies of rental applications for all tenants (may not give right away, but always obtain)3.

But the statutory redemption amount plus 3 years of ground rent plus the SDAT processing fee would have been paid when the application was submitted to SDAT.

The 1003 or loan application clearly states you attest that this is all the liabilities you have or know about and most loans to your LLC’s have recourse or require a PG (not all but often they do).If the borrower signs as an “individual,” on the mortgage or promissory note that is them as an individual pledging to repay, now if they sign as a Manager of XYZ LLC that is a different story (then there might be a separate PG document or perhaps its non recourse or not personally liable).Above is in reference to conventional financing and sure there are DSCR/rental loans out there or other types of products that dont care about DTI (non conforming products, hard money, private/portfolio etc).

Anchorage has a really tight rental market right now, so we had lots of applicants, and we were able to be picky.Lessons learned?

Aloha,We inform all applicants that we need deposit within 48 hours of approval, and rent start no later than 14 days from approval.

I also get the impression from most everyone I have turn in applications, they prefer a home over an apartment.

Simply enter some information to view projected key return on investment (ROI) metrics, including cash flow, cash-on-cash return, net operating income, and cap rate.Minimize risk by investing in a pre-inspected, turnkey rental property with a tenant in place to earn cash flow beginning the day the deal closesBegin the loan application process early, because sometimes lenders require more paperwork than when you’re financing in your home stateHire a good local property manager who has experience working with out of state investorsWhile buying out of state rental property does come with some risk, investing the right way helps to minimize those risk while maximizing the overall returns of your property portfolio:Key reasons for investing out of state include increasing cash flow and portfolio diversification.Affordability, matching markets with investment strategy, and property affordability are three advantages to buying real estate out of state.Turnkey rental property and a local property manager help to reduce the risk of investing outside of your home state.All the best!

We have learned how to use shields while spraying to not have to tape off hardly anything (maybe certain corners on occasion).  

Aloha,You need to ask about and understand local landlord tenant laws, including rent control if applicable.