This method involves purchasing properties that need work, rehabilitating them to add value, and then refinancing based on the improved value to fund additional investments.

Hi all, I am Jack, a super rookie investor based in the Bay area.

What was offered to me personally was a DSCR loan, since it's based on rental income of the property you're trying to get a loan on, not previous and current personal income. 

No downside to sending a letter but not worth paying an attorney here based on what you shared. 

The most observant owner/operators understood that local matters and people matter.At Auben, our core philosophy has always been based around local experts.

People that work for you as a closer usually wouldn't have their name anywhere on the contract, etc, you are just paying them based upon your commission agreement with them.  

Is there a certain cost per unit I can expect to pay based on the condition of the building? 

If they do they can pull data for you and market analytics.Of course there is a lot more that goes into it once you get that data but based on your question - that is how I wouldProceed.

Based on those Sedona STR income numbers for a $800k home, either the revenue numbers are wrong- and way low, or the property is not a good one as a STR.

Looking like $600 a month for the land and water.