DSCR is going to be high right now, but if you buy a strong asset, let it marinate, rates come down in 2 years, rents go up, you could be in good shape.

Love the time in the market piece because you'll hear so many people who have never bought investment real estate ask why "you're buying when rates are so high" etc. 

This niche area does not have alot of recently sold properties and the ones that have sold are condos in high rises not single family dwellings. 

If that doesn't yield any results, I would advise you to lower your expectations for high leverage. 

Small multi-family is in high demand. 

I have been looking at high single for SFR BTR. 

That way when you hire the attorney to draft everything it will be more cost effective if you already know what you want.

Richmond is a wonderful place for real estate investing, with its expanding economy, variety of neighborhoods, and affordable property prices compared to bigger cities.If you want to further your real estate investment journey in Richmond, it's important to stay informed about market trends, connect with fellow investors, analyze properties thoroughly, consider various financing options, diversify your portfolio, manage your properties effectively, and stay well-informed about real estate investment strategies.

Homeowners can rent their house to individuals looking for vacation opportunities or they can rent their house to a business owner who intends to use it for business purposes.Shifting Income from Your BusinessIf you are a business owner and do not use your home as your primary place of business, employing the Augusta Rule can be an effective strategy for moving income away from your business and shifting it to personal income, where there would be no tax consequence.For example, as a business owner, you host a monthly meeting with your Board of Directors.

Agents favor companies that handle property upkeep well, screen tenants effectively, collect payments on time, and communicate promptly.