There are some terms in their mortgage documents that are quite different than when buying a home for a residence.

In addition, a fresh lease gives you a chance to tweak some of the terms.

I am currently reading 'How to Invest in Real Estate' by Joshua Dorkin & Brandon Turner to learn more prior to pursuing a long-term rental strategy.

Hi BP Fam ,

I'm looking at a rental property I want to buy but don't want to put down the 20% on a DSCR Loan. Does anyone know any other options out there ?TIA 

You definitely need someone that can give you the facts beforehand and not string you along to terms that do not exist.

Despite some setbacks from poor advice, I am determined to continue.I believe I've located the right information to begin exploring various strategies for both short and long-term investing.

I have a long term rental in WA, and have done 2 flips, 1 in WA and 1 here in Florida.

You can lookup here: https://www.knowyouroptions.co... and https://myhome.freddiemac.com/...If the loans are backed by either of these, you may need to reference their servicing guides to explain to Chase that they are required to allow you to transfer the property to an LLC per the terms of the respective servicing guide.  

Hi BiggerPockets Community,I'm in the process of purchasing my first rental property in Columbus, Ohio, and I could use some guidance on choosing the best neighborhood for long-term appreciation.

For maximum flexibility when attracting short-term rental guests, always start your search with non-HOA neighborhoods.There are even some neighborhoods without HOAs that have 30-day minimum rentals, but I've weeded those out.This search includes homes priced up to $1,300,000, as most sellers are currently being flexible on price.https://www.flexmls.com/share/...Let me know when I can help.Melanie