This is my opinion only and Spark denies it but the details will come out eventually.

Why are you excited about Detroit as a market in the long term?

@Phillip Rosin - Based on the info you provided, I recommend that you start with a Fix to Rent short term loan to purchase the property and rehab it, followed by a cash out refinance into our DSCR loan.

County Clerk suggested that once I retake possession of the property, that it is could be difficult to get a settlement for any future unpaid rents through the end of the lease term, which is through July 2024.

Hi all--we are looking for feedback from short-term rental hosts in the Washington, DC area.

Some of the most basic information you will want to know during the tenancy are:1. periodic reports from the PM regarding inspection results, including pictures and notes2. periodic (e.g. monthly, quarterly) finance reports from PM3. lease terms of new or renewed tenantsThey should contact you about:1. major problems or concerns with the tenant or property that may warrant termination of the tenancy or non-renewal.

., I've gained most interest in Mid/Long-Term Rentals and BRRR's, and I would most likely want to try to Owner Occupy a House-Hack as my first property. 

Great for house-hacking, multi-family investing, long-term holds, and BRRRR's if you're local and able to manage contractors. 

Here's a bit more in detail about how rates are calculated for DSCR loans:1.

Well, first I'm a long term buy and hold investor.