Hi Duarte,What makes DSCR loan fascinating is that it does not verify personal income.

Is 10-15 miles too big of an area when determining the unit count per person?

I appreciate any feedback.Regarding Insurance, personally I would never have someone else (A Lawyer) handle the insurance on a Sub 2 deal or any other real estate deal for me, you would be setting yourself up for failure.First of all now you would need to get a POA for the attorney from the seller, that may not be your best move.

Here is my favorite (among several others, just as hysterical) part of this case:"...Petitioner’s testimony that neither he nor his son used his personal bedroom,living room, or kitchen for personal reasons strains credibility.

I find it's very personal, and dependent a lot on your goals, resources, risk tolerance, location, experience, etc.

I borrowed $30k on a personal loan from Discover for 15% with no fees for a plot of land and paid "cash" for it.

Budget these carefully into your overall project plan to avoid surprises.Rehab Budget: Ensure that bids are received from multiple contractors and that adequate reserves are made for cost overruns.ARV: Be conservative on your ARV since the appraisal concerns one person’s opinion.

I personally would revisit your strategy of buying a negative cash flow property in SoCal, right now.

The units are ready, but due a personal situation I only want one.

Personally I’ve got the majority of my assets in real estate.