They are the ones who give the industry a bad name.Fast forward 15+ years later and I find myself a landlord of many single-family homes and an owner of a property management company managing nearly 1,000 doors.  

Hello, We are looking to buy a home in Florida that needs a lot of work.

I still don't know which area I should buy a multi-family home in California.

We are not first time home buyers but have three single family homes ( rental) properties in California but want to buy our first apartment complex out of state for generating  cash flow for the long term.

For context, I live in Salem, MA and a few years ago my husband and I were looking to buy a house that was not turnkey, but also livable, that we could live in while updating, and rent on weekends (either a room or the entire home) during Salem’s busy Halloween season.

My approach is I do a conservative underwriting and expect typically to outperform the underwriting.  

I acquired a 4b sfh through an online auction about a year ago and completely gutted the home and upgraded mostly everything.

With the STR strategy you potentially go with the 10% down second home occupancy loan that comes with a lower interest rate

The biggest selling point for me was the people, it's home to some of the most genuinely nice people I've ever met. 

All standard commercial mortgages include DSCR, calling an assisted living facility mortgage a "DSCR loan" is like calling a home loan a "DTI mortgage," or calling a cup of coffee a "caffeine coffee," or calling a gun a "bullet gun."