Which is to say, like @Matthew Crivelli, you're going to have a hard time getting a loan with bad credit.Now, some DSCR lenders don't require super high credit, but most want to see upper 600s.

Even if not maximizing depreciation, the conservative estimates provided by DIY tools justify the cost for properties under $1.2 million.Addressing common concerns regarding the DIY option: Ease of Use: Most software for DIY cost segregation studies is user-friendly, requiring minimal input beyond property details.

My company requires me to relocate to Kansas City and now I am in need of help on managing my soon to be rental unit.

Look up your city and your state and find out what’s legally required.

During peak months the boat rental was required.  .    

Do your same background and credit checks and other requirements that you do with every other applicant. 

Although the Fannie Mae product matrix mentions the acceptance of Community Seconds for down payments on Homestyle loans, it's crucial to note that Fannie Mae doesn't directly purchase Community Second loans; they set eligibility requirements for Homestyle loans.

You correctly pointed out real estate investing requires liquidity/cash reserves.

These loans don't require W2's, paystubs, or tax returns.

Lenders will most likely require all these docs.