Qualifications typically center around whether the monthly rental income can at least break even (1.00 DSCR) with the monthly PITI.We would simply need to know the following information to determine eligibility, interest rate, and loan terms for DSCR financing:o Purchase or Refinanceo Property Addresso Monthly Rental incomeo Annual Taxeso Annual Insuranceo Estimated Credit ScoreThe documentation is relatively light as well, compared to a conventional loan underwritten to your personal income/taxes/debts.▪ Entity documents ▪ 2 months of bank statements ▪ Photo ID ▪ Lease agreement (refinance) ▪ Sales contract (purchase)

(Our personal State Farm Agent recommended them and so far its worked out well) We are in Indiana. 

In the middle of those two extremes might be a small business with 3 years left on their lease, but they've made improvements to the property that aren't cheap to remove, such as perhaps a dental office (dentists might be pissed that I put them in the mid-risk category, but all the dentists going out of business in 2020-2021 taught us that American consumers apparently regard dental care as an optional and "luxury" spending item). 

We've also been exploring properties in person.

i don't see how you do it unless either (1) you are there in person or (2) you have a trusted team on the ground. 

House hacking will also give you some personal "property management" experience.

Its what I'm doing...You aren't the first person in this situation. 

We have in-person meetups once a month in Northern NJ.

Ping me if you're personally interested to help shape it or reply if you have features/capabilities you would love to see.

I personally invest here for both the cash flow and appreciation.