Something they thought me was to treat a tenant like a potential employee - the first few interactions are interviews.

I have the option of being hired as an employee or independent contractor.

I have the option of being hired as an employee or independent contractor.

I have the option of being hired as an employee or independent contractor.

@Dave Foster, thank you for clarifying that!

@Nick Foster thanks Nick.

All Contractors are subject to the lender’s determination that the contractors are qualified and experienced, have all appropriate credentials required by the state, are financially able to perform the duties necessary to complete the renovation work in a timely manner, and agree to indemnify the borrower for all property losses or damages caused by its employees or subcontractors.Multiple Specialized Contractors: Since this is a limited repair/renovation program, no General Contractor is required.

we borrowed at 6 and put it out at 20 to 30%  but lots of over head 10 plus employees worked for me.. along with class A office it was great until 08  that's for sure.now we are at 6 to 9 month turn times.. simply because takes a little longer with shortage of labor and when the buyers are taking 60 to 90 days to get their loans after CO.. see in our day we put the investor into title with our loan..

Once you get bigger with more properties, employees, etc - then that’s a different animal.

I like the idea of BRRR and I'm excited for the rehab and refi to be done so I can see the fruits of my monies working for me and coming back with some more money friends.I've got my eyes on several other opportunities that I want to move on, but I know that since my W2 income is limited (state government employee with very few opportunities to get increased pay), my DTI is creeping up to the 28% mark (with the lender NOT counting rental income) and I've read that 43% is roughly the cut off...