The $700 home warranty (1 yearr) comes with a sewerage coverage.

That's okay, REI won't be 100% of you income as it shouldn't. 10k/month was good enough for me to help supplement my lifestyle.

building multifamily is one of the lowest risk strategies out there. single fam has no economies of scale and in columbus right now I would argue that the cost of a garage is greater than the value you even get for an appraiser. so a 400 sq ft garage if that was heated space is worth 5x to 6x. because of that, we build multifamily more because of the economies of scale as well as density, increased rent coverage, etc etc 

I am seeing more inspections, less coverage, and more denials.

If you have any questions, please feel free to send me a private message.With solid financials, a Debt Service Coverage Ratio (DSCR) program sounds like a great fit*

Nelson Nash developed the concept in the early 80s but the product the concept utilizes has been around for much, much longer.Since you brought up term insurance (which is temporary w/ no cash value accumulation or dividends), oftentimes a policy will be supplemented by term insurance in the form of a rider that allows one to increase their death benefit such that they can store more cash in their policy without triggering IRS MEC limits and therefore be subject to tax hits.The concept and its value proposition is incredibly misunderstood (and sadly often abused) but the reality is it works.

While I am not familiar with the CT market, the lender should have a list of real estate agents which provide gap coverage.

The last deal in which we utilized this method was back in Jan of 2024 (this year).Purchase Price: $700,000- 80% non-recourse loan coverage @ a 4.5 % interest rate fixed for 30 years - 20% transactional lending partner {usually 1.75-2% regardless of market conditions}. 

Unfortunately you're not paying him enough (and he's not charging himself enough) to stay on your project all the time so he has to create supplemental income.

With regards to traveling nurses, I was mentioning them as a potential tenant pool if I decide to purchase a STR, as an alternative or supplement to vacationers as occupants.