@Erik BreunigHey Erik, DSCR lenders vary a lot, but it’s true many of them pull from the same doc templates, which can feel way tougher than standard residential or small commercial loans.

:)You feed it the property info (address, price, rehab budget, rent, taxes, insurance, etc.), pick your goal (BRRRR, rent-vs-sell, refinance test, etc.), and it returns a full underwriting breakdown:Base / downside / upside returnsP&L, DSCR, CoC, sensitivity tablesFlood + insurance risk for FloridaNext-step checklist and “what would change my mind” summaryIt uses conservative defaults (7.11% 30-yr @ 75% LTV, 5% vacancy, 3% expense growth, etc.) and calls out when you should check with a CPA, appraiser, or attorney.You can try it here on ChatGPT by searching for “BRRRR Brain” in the GPTs section.TRY IT OUT HERE!

Absolutely Nick,I know of investors using MTRs for travel healthcare professionals, Home Insurance Claims after catastrophic devastation, digital nomads, etc.

General bookkeeping categories and a standard chart of accounts simply do not meet the needs of real estate investments.

For those unfamiliar, Claude Code is Anthropic's command-line tool for agentic coding - it's definitely more of a power-user interface compared to the standard AI chats.

Construction loans are different from financing rentals where the lender’s involvement is often limited to collecting annual financials, tax returns, leases, and insurance renewals.

Tes, keep it clean and lender‑friendly: have the purchase contracts show true market value, then reflect the discount as a seller credit labeled “gift of equity” from your parents, backed by a signed gift letter and proof they own the properties; expect the lender to require an independent appraisal, standard reserves, and that the gift only covers down payment/equity, not your required closing costs on some programs.

If they are a NNN lease (they pay taxes, insurance, utilities, maintenance) then I would consider it.

So after direct wholesale cost (from the money, ex. 1 pt) they will originate the loan for you at the standard "2" for 1 pt to their company.

Insurance is always a great first line of defense with an umbrella policy being a great way to protect in case anything unfortunate were to happen.