Similarly, unlike substituting international reports for FICO or using 'Non-Traditional Credit Reports' (NTCR) it's highly unlikely that any bank would consider ATO tax records for a conventional loan, given both that it's another country and the job/business has since been left in order to migrate. c) If possible after one year, refinance to a more generic loan in order to buy a new FHA fourplex using whatever savings have been gained in the preceding months through cash-flow and W-2 income.PROS:*Highest leverage of all paths available;*Largest safety net of cash-in-bank, and;*Increased turnaround for new projects.CONS:*Employment verification, credit history, and IRS records non-existent - multiple positive judgement calls from lender needed;*Delays before scaling allows full-time REI;*Maximum limits to property units and value - 4 units and ~$809,000 for a fourplex (2.v)2.i - List of some Maine lenders, with whether they offer FHA (https://mainehousing.org/progr...)2.ii - Information regarding how to get a no-credit-score mortgage (https://www.lendingtree.com/ho...)2.iii - FHA loan without a credit history (https://www.fha.com/fha_articl...)2.iv - FHA loan requirements + No income minimums (https://time.com/nextadvisor/m...)2.v - FHA loan value limits by unit size for Maine (https://www.lendingtree.com/ho...)3 - A quick start at a moderate scale (DSCR or private) This is my current focus of research as at 25/06/22 and any contributions, suggestions, critiques, or references are worth their weight in gold to me.a) Find ten wholesalers who are focused on or who happen to find Maine multi-families, with a view of analyzing each <16 unit building that gets mailed to me. (2/10)b) Find twenty lenders operating nation wide or in Maine who offer Debt Service Coverage Ratio (DSCR) loans or private money. (3/20)c) Purchase one <16 unit multifamily with whichever available credit type is most appropriate (3.i) - either moving to the address on closing or renting something cheap in-town depending on whether or not the lender allows owner occupation.d) Move to full-time REI, or part time if cash flow does not support growth.e) Exit plan would depend on cash flow, regional trends, and the characteristics of the loan and future financial market and cannot yet be assessed properly.

Take the lighting for example: you could literally have two identical lighting fixtures and one would be a 27.5 year asset not eligible for bonus depreciation and the other one is a 5 year asset eligible for bonus depreciation.

Making 3 columnsColumn 1, selling traditionally with an agentcolumn 2, renting it out with a property managercolumn 3, seller financing in FloridaColumn one a go through all the cost to sell with an agentand also go through the time it takes to sell with an agentdays in the market (DOM) tell the average amount of time it takes to sell a house with an agentSo it's costs money and it costs timeColumn 2, renting it out with a property manager, there are risks and rewardsA property manager cannot guarantee cash flow so you can make your bank paymentA property manager cannot guarantee will be no damagein a property manager does not keep an eye on the property that much, maybe once in a whileso if there's an eviction you have to pay for itand if this damage you pay for itif there's no rent coming in, you have to pay the mortgageColumn 3, I generally talk about seller financing in generalthere's lease to own and owner financingLease to own you turn the property into an investment propertyyou are landlord and you have to pay the mortgageyour to pay maintenance and taxes and insurancehopefully the behavior of your tenant buyer versus a regular tenant is better, money on time, no damagethe tenant buyer wants to buy the propertythe tenant buyer does not cause you trouble as the landlordthe buyer wants you the landlord to give them a good recommendation when they try to get the mortgage down the road; they need their landlord to give them verification of rents (VOR)Owner financing means you're selling the property and the owners have a deedit's a little bit like contract for deed where you pay on a contract, and you can either finish the contract or refinance contract and pay off the existing financingHow to sell subject toit's important that you read this next sentence,I DONT BUY SUB2 UNLESS ITS A PERFECT HOUSEwhat's a perfect house?

A) List sizes are never identical B) open rates are never identical C) Reputation is never identical.

If you want verification, you can join our sub30k mastermind group on facebook and ask there  about investing out of state, working with a coach, etc(my profile has the info, now over 7000+ investors focused just on this niche). 2.)

But i should point out that certain areas of the country have very different taxes for identically priced homes. 

@Lance Langenhoven - Honestly, I have mostly passed over the cap rate on all the deals I have looked at because -- without exception -- those rates were nearly identical. 

I'd prefer an old one with good bones to one built last week out of glued together sawdust, nearly identical to it's neighbor.

I wanted to be able to stand out from all the identical investorcarrot/leadpropellor sites.

The details you list sound almost identical to a transaction I am trying to pursue.