If you are an investor looking to purchase the right type of rental property, review the following information to determine whether you and your property are the right fit for corporate housing – or whether your property may be a better fit as a traditional, long-term rental property.LOCATIONCorporate housing thrives in urban and business areas where executives travel to often.

You have $400k in new debt that you have zero track record of paying on time, so temporarily you're a higher risk.As you establish a new on time payment history over the next few months, your FICO will bump up higher than that drop, call it 75 points.

I have family in Lafayette so I am very familiar with the area and travel there quite often! 

@Anthony Finger I just posted this same information for another investor. and I thought it fit your current situation as well.I've recently stopped traveling out of state for work, and I am restarting my construction business to handle my own investments.

I'm thinking I need to find someone to partner with who has some experience to help protect against losing somebody's investment money.For my first deal, I'm looking in the South-East and for approximately a 6-12 unit apartment to start building my reputation and track record. 

A recorded deed gives you the ownership and the existing owner is still obligated to pay the loan off but you make the payments on time and the existing mortgage service company is happy as long as your payments are always on time.

For example, I have a lot of travel rewards from company travel that I can use for personal use, I have an entertainment budget for customers, I have a company car/gas, I get comped meals during the week.

(Sorry James, seemed like a set-up waiting for a punchline.)A serious answer is look at the public records for the owner and then pay a skip trace service to locate a phone number.

It was purchased in November 2018 and after the COE I was able to travel to Rockford and view all our properties there.

@Aaron MoayedYou may be able to search 1st the County Assessors site for previous owner and then the County Recorders site by their name to see all the documents that have been filed including Judgments and Judgment Liens.