This will reduce your turn times allowing you to scale much quicker... not to mention reduce the unknow variables that come from having to wait for longer seasoning periods.The main benefit I see with a DSCR Loan is you don’t have to provide your tax returns and provide the documentation on all your other properties.

The receipt also likely needs to be provided to the tenant within 30 days of their lease ending.

As a last resort, I would even be willing to lease the land, provided that I be compensated for the improvements when it sells.TIA

Bookkeepers are fairly inexpensive for the value they provide.

Based on my research on the property can the forum please provide some guidance.Basic Info:  Purchased at auction for for ~$5000.  

I would enjoy all the contacts anyone could provide for me!  

My question is, if I accept the payment (the assistance payment from the government to a low-income tenant), will my property be recorded by the government as "low-income" housing provider?

You may seek advice from lenders and brokers on finding a suitable mentor, most will be able to provide one for you.

BackgroundI own and self manage six multifamily properties in Providence, RI, acquired between 2008-2013 at great prices, with less than $50K in total debt remaining.

Consult a mortgage broker to navigate the financing process and provide personalized advice based on your financial goals and circumstances.By understanding the factors impacting your ability to secure financing for a multi-family property and exploring alternative options, you can work towards achieving your real estate investment goals.