Noticed it was abandoned, researched courthouse records, determined it was adjudicated to the Parish for non-payment of taxes, submitted purchase request to the Police Jury for amount of back taxes, made required notifications by mail and newspaper, waiting mandatory days for owner to redeem, and when redemption period expired, closing occurred at Police Jury Office.

As am the owner, will I also require some license to manage my own properties ?

This is possible on conventional loans if the lease term has at least 5 years remaining at the end of the mortgage term (i.e. a 25 year mortgage would need at least 30 years remaining on the lease), among other requirements for the lease. 

Hey Henry,As a general rule of thumb, the more budget-friendly a marketing strategy is, the more effort and 'sweat equity' it may require. 

How is the DSCR calculated, and what is the minimum ratio required for approval?

Or worse, the bank trying to refinance your money at a cheaper rate says no, because you dont meet the income requirements and your stuck in a hard money loan or lose the house and your downpayment. 

A few things that I will add is if you will be in a different country at the time of closing on the mortgage your lender may require you to sign docs at a us embassy.

Hello Biggerpockets Family, Need help with two things:I need recommendations for a reputable firm that can perform a cost segregation for a STR investment in Fairfield County Connecticut.Concerning the passive activity rules exemption requirements related to the STR Loophole, what are examples of “extraordinary personal services” I can incorporate within the business in hopes of converting from STR to MTR (midterm rental) while still qualifying for the STR loophole?

Whether it's a coffee meeting, a virtual discussion, or attending industry events together, I am committed to investing the time and effort required to establish meaningful connections.Thank you!

The program required half of the profits from the sale be paid back into the program.