In response to your concerns, first thing to know is that investing in real estate never comes without risk and it is not as simple as some online "gurus" make it out to be.

Business credit & personal savings How did you add value to the deal?

I personally haven't heard the best things about CA tenant laws.

You're the only member and the activity of the property is reported on your personal tax return. 

Check reviews online, etc., to see how far down the rabbit hole they are willing to go.

Hey Byron,So the advantage of doing Refi compared to a HELOC is that the heloc is personally backed to some degree while a DSCR refi is backed by the (hopefully) cash-flowing asset.

@Olu Efunwoye I personally wouldn't pay for this, $40k for a coach? 

As I've been learning, there are the key taxes to understand when investing into a new area or state:- State business income tax (if you have an LLC)- State personal income tax (if they want to tax you too, even as an out-of-state investor)- City personal or business income taxes- Any registration fees due the city/state- City/state property taxesAnd I'm sure more!

You can close in an LLC if that's a concern, and many times the debt isn't reported to personal credit.

The doctor found out that I was going to visit those 10 to speak in person with the borrowers and try to decide on the best course of action.