Account Closed that's pretty cool. 

Need to take that into account. 

I will rent out this new house, covering my mortgage payments with the rental income and steadily building equity over the years.Let me know if you are interested in doing something like this in Southern California, I have my team (brokerage, lender, architect, GC) ready to go.                          

thank you for the thoughtful answer, if ctbc loan is still valid would the inital loan guarantor or myself would be accountable?

Some more info on DSCR rates and how they're calculated:DSCR loans won't use your income to underwrite the loan.

Understand factors like demand, supply, demographics, and economic trends.Diversification: Spread your investments across different types of properties, locations, and markets to reduce exposure to risk.Financial Analysis: Conduct comprehensive financial analysis, including assessing potential rental income, expenses, and cash flow projections.

The article says income earners are leaving.

If your rental earned $5,000 net income = You pay income tax on $5,000If you now pay yourself/your management company $5,000 = Your rentals pay no income tax.

They have their own CRM, smart number, and an entire accountability and training program.

Also, focus on 2 years of job/income stability.Class D Properties:Cashflow vs Appreciation: Typically, all cashflow with zero or negative relative rent & value appreciationVacancy Est: 20%+ should be used to cover nonpayment, evictions & damages.Tenant Pool: majority will have FICO scores under 560, little to no good tradelines, lots of collections & chargeoffs, recent evictions.