Check what you would need for insurance too.

I dont need to see the report , I see the grocery bill , the gas prices , the rent prices ,insurance costs . 

Why not purchase several because each property can pay for itself and I am seeing all of these lenders flooding my Facebook now that I have googled some loan options- and so many offer 100% financing... what am I missing here?

Providing funds outside of a transaction that would effect the LTV given by an insured lender could lead to mortgage fraud, money laundering and wire fraud as funds are disbursed.

I am planning on renting my first property and I am wondering if property insurance is separate from landlord insurance?

Is your DSCR ratio greater than 1-meaning are you cash flowing (according to the lender's criteria of mortgage, property taxes and insurance (and HOA) if applicable).

The original insurances are covering the original purchase price of the properties, which are 25% of the worth in this day and age.

Florida has been top of our list to invest in, however with what is happening with HOA fees climbing, insurance increasing and the new legislation for condo taking effect in 2025 we are going to sit back and watch for a bit.We live in Calgary and have been looking at Arizona and Montana as well, Montana is close for us.Sharing your contacts would be greatly appreciated.Thanks for the help

Yes, principal/interest/taxes/insurance and any HOA dues are taking in to account for the DSCR. 

This is my first one and the seller is motivated but I don’t know if my offer is good and I don’t know enough about the contract.