@James Devoe DSCR loan stands for  “debt service coverage ratio", it is the ratio of operating income (rent) available to debt servicing for interest, principal and insurance. 

Big items to put into the joint venture or operating agreement in the llc :Who will play what role?

But even then, a lot of contractors are operating overscheduled and don't have time to come back and correct their employees mistakes.

I was drawn to Havasu for the potential to operate as a short term vacation rental during the summer with higher nightly rates, and also as a month to month rental during the winter for more consistent income.

Your purposefully NOT targeting the “sweet spot”properties that the hedge funds operating in ATL target.

If, however, there is no deed back to the borrower, and there is no deed under power of sale, after seven years from the maturity of the debt, the title reverts from the lender back to the borrower by operation of law under O.C.G.A. § 44-14-80.

Owned and operated 4 mobile home parks in Springfield Missouri since 2001.

CAP rate vs ROI : https://www.stessa.com/blog/ca...This site uses 50% rule for operating expenses, I've also seen 30-35% used - use your own judgement when calculating, depends on several factors like age of property, type of tenants, weather/location, etc.

This could be any combination of better / different operations or upgrades the drive higher income. 

Lots and lots of cities are making things more restrictive and not grandfathering current operators.