Seeing the area firsthand and meeting your team face to face will give you a stronger foundation for making confident investment decisions.

Vs another who maybe barely meet's minimum income needed, but they've been working a crappy job while completing a bachelors in say Nursing or whatever.

So I am currently within due diligence period on a property and my inspector identified that majority of the home's siding is asbestos siding - pretty much everywhere except the front face siding.

I never went further than that.. as on the face they just don't seem real.. people are not paying 14$ or 12% in CA for 40% LTV loans.. and if they are they are not shopping at all .. or there is some other issue.

If your budget is $250k that will barely be enough to build one of the homes (in my area it wouldn't be enough).

You can deduct their share of mortgage interest, taxes, insurance, repairs, utilities, and depreciate the rental portion.Shared costs (roof, lawn, etc.) get split.You can’t deduct the purchase price, only depreciate the rental share of the building.Sell later: rental side faces depreciation recapture; your side may qualify for the $250k/$500k home sale exclusion.Keep records clean—treat rental and personal separately 

It's not ideal to get more than one appraisal, but it's the best solution we have to this problem investors sometimes face. 

DSCR and hard money can both be powerful tools, but they come with very different lessons:For DSCR, the biggest takeaway I’ve seen is making sure the property comfortably covers the lender’s ratio requirement—not just barely.

You can barely see the seedlings in this picture.  

They might be facing a situation where they need to move fast, or they could be actively looking for an agent right now.