Students still come despite remote classes because it is an experience.

Because of his experience, he knows plenty of people that he has worked with in the past that I would hire to renovate.

I think a short-term fix-and-flip loan would serve you better because, first, the credit requirements are typically lower than a DSCR loan's credit requirements, and fix-and-flip loans will fund a portion of the purchase price as well as some or all of the rehab costs (usually through the draw process).Right now, saving your cash, rebuilding your credit, and finding both a partner (ideally with a higher credit score AND experience) and lender you're comfortable with should be your priorities.

If so, what were your experiences like?

Curious what has been the experience here.

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

Since you are a casual landlord who never intended to originally become a landlord and because you only have a couple units you're never going to get enough experience to become proficient and therefore are more likely to experience negative tenant situations. 2.

I've read many discussion on this forum, but nothing really comes close to your own experience. 

Advise is to get in contact with a lender that has experience in structuring these mortgages where you can move on to the next one and plan ahead.

" * In addition to drying up investment in rental property, one of the worst effects of Rent Control is that it discourages property owners from maintaining and upgrading their property.