Don't wait for interest rates to drop - if they drop enough you can always refinance and improve the deal's performance.We are continuing to buy if the deals meet our criteria - the problem is that it is tough to find deals that actually meet our requirements :)

Homes will have even more deferred maintenance and tenants will be even harder on them.Class D pretty much requires an OWNER to be on location and at the property 3-4 times/week.

What's most important is simply having an itemized scope of work for the $70,000 rehab--you want to be able to explain how you got to that number and what exactly is going to be done to the property. 

VRBO, AirBNB and Homeaway (kinda defunct) are what we get.If you simply concentrate on the 2 main OTA's, you will be just fine.

Flipping requires you to continue to do deals to make money while renting provides a steady income.

Sorry to hear about this and it's definitely important to watch out for Ponzi schemes.At the same time: many syndications require an investor to sign an NDA to protect their confidential techniques, sources, customer lists etc. from competitors who could damage them otherwise.

If you ask the manager to justify a fee and he starts hemming and hawing, move on or require them to remove the fee.

Turns out their total monthly income is too low ($600 shy of 2 month's rent -- we require it to be at least 3 months). 

Make sure you arrange your money requirements when you don't need it.

Hey Jacqueline,Welcome to BP.If you're going for a DSCR loan for a residential investment property, you don't need an LLC; you can do it with most (if not all these days) DSCR lenders/brokers depending on your state.All DSCR lenders/brokers will require you to personally guarantee the loan, but you can do it either way, with or without an LLC.Stephanie