I had a great lender who was able to brainstorm options with me being newly self employed to get me a DSCR loan.

Virtually every mortgage broker* will use the FM Selling Guide for determining eligibility, or you google "fannie mae underwriting guidelines" for high level details.

I own some small multifamilies in Concord and High Point, NC.

At least in my opinion, Tom, you live two hours too far away to be self-managing.

At the end of the day PM services are generally regarded as a loss leader for vertically integrated real estate companies that choose to self perform this task.

Attaching a premium to a month to month contract will either motivate them to sign the original or the m2m at new rate goes into effect.

I read that there is a high wild fire risk.

I know that most people who OWN a property and put it on airbnb claim the income on Schedule E ("passive income"), which avoids having to pay the 15.3% self-employment tax.I'm wondering if those who are practicing rental arbitrage by renting the place that they list on airbnb also claim the income on Schedule E, or if you claim it on Schedule C bc you don't own the place that you're listing on airbnb.Whether you own or rent the property that you list on Airbnb, the activities are the same: acquiring the property, furnishing it, activating utilities, listing it on Airbnb, hiring cleaning services, etc, etc.

As a general rule of thumb, no one ever lends for less than the rate of a high yield savings account.  

Metal roofs are highly recommended and should last for a long time I'd want everything to be gone form the old roofing and everything inspected properly before the job gets started.