Often times, I advise folks to start with HML or PML and the refi into a DSCR loan with a bank/CU when the property is stabilized.I am going to assume that a HML/PML loan would be at a higher cost/rate than a bank that would play ball, so I would prefer that if possible...

I would personally prefer to keep the properties and obtain financing for equity in order to grow.

Hey Sai, I am an agent in Cincinnati and Northern Ky, and if you are interested, I would love to see if your preferences fit this market.

I would strongly suggest considering leaning into the niche of traveling nurses. 

DSO Trends: Like DSOs, MSOs often prefer continuity for patient retention, but they may be more flexible depending on market dynamics.

As far as the land trust we needed to see attorneys and preferably the attorneys Legacy contracts with to teach asset and taxes (Anderson Advisors who would give you a free consultation which they offer on their website).  

A few things to keep in mind:Section 8 requires the property to pass an inspection based on HUD’s Housing Quality Standards (basically making sure it’s safe and well-maintained).The rent you charge has to align with Fair Market Rents (FMRs) in your area, so it’s good to check what similar properties are renting for.You’ll still be responsible for maintaining the property, but the upside is that a chunk of the rent is guaranteed by the government, which can provide steady income.Check with the local housing authority about any specifics for your area—every jurisdiction does things a little differently.This could be a great niche if you can find a good deal on the land and make sure your expenses (like maintenance, insurance, and occasional vacancies) are covered by the rental income.

@Bracken Bjorn The answer is in the local data...and the data might look differently to you than someone else...it's really about your goals, tolerance for risk, available resources, and personal preference...

That definitely won't help when it comes to trying to purchase a new property with a conventional investment loan in terms of DTI.But yes, in general with every property you purchase with a conventional loan, it makes it harder to purchase another property with a conventional loan given the DTI restraints UNLESS you exponentially increase your income (preferably W2).

Simultaneously, if this vacancy is a high percentage of the buildings total SF, I would market the property for sale to an owner-user who may be able to fill the vacancy at preferred rates while gaining investment income off the other tenants.