@Jason Wray and @Rick Albert,  a friend of mine would like to use a DSCR loan to purchase her mother-in-law's house as an investment property. 

Clearly there are companies who are thriving with in-house management.

As we all know, the housing market in Los Angeles is incredibly rough.

I flipped one house and ended up breaking even.

My goal is to get into a house hack on a multi family duplex/Triplex in the near future.

I'm purchasing my grandma's house, 1st investment house,  from my father and he purchased the house about 49 to 50 years ago. 

Actually Doug most of them were living in their Mothers garage and well found this system and they are now driving lambos etc.. its a common housing situation for the guru ..

1. https://sports.yahoo.com/north-port-adapts-second-fastest-11....2. https://www.mysuncoast.com/2023/01/31/north-port-ranks-secon...3.https://www.simpleshowing.com/blog/wealthiest-counties-in-fl...4.https://www.northportfl.gov/City-Services-and-Safety/Residen...Operation costs are lower than average because they are new construction properties and if you choose to let us manage its hassel free because we know every nail, color scheme.The house is under warranty by us ( the builder) and comes with manufacture warranties as well.

I have a very odd situation:I basically bought a house for a friend of mine about a year ago and gave him a 5% interest only loan for the entire purchase/closing/renovation costs.Both he and I would like him to get more permanent financing.But, he does not have a social security number. 

We found a house we want to purchase.