Hi everyone,I’ve been getting more inquiries from traveling nurses, and several experienced landlords told me that I don’t need to heavily screen the nurse themselves because they’re already thoroughly vetted by their employer and staffing agency.

However, it’s important to remember that S Corps are generally used to minimize self-employment taxes on active income, which may not be as beneficial for rental income, since rental income isn’t subject to self-employment tax.Also, with properties across multiple states, the LLC should be set up in the state where the property is located (NC, SC, GA, or FL), and the S Corp in Florida can be used to manage your operations and provide additional liability protection.

I would really prefer a section 8 tenant that is employed with little to no debt (that is in collections).

Verifying last 2-years of rental history and income/employment extremely important to find the “best of the worst”.Tenant Default: 20-30% probability of eviction or early lease termination.Section 8: Class D rents meet program requirements, often challenges to pass Section 8 inspection.Vacancies: 20%+, depending on market conditions and tenant screening.Cashflow vs Appreciation: Typically, all cashflow with little, maybe even negative, relative rent & value appreciation.Where did we get our FICO credit score information from?

Even the best property managers have to deal with many units because it is a low margin business, they need to scale to make it a viable business so you can’t expect them to be perfect or to get everything right.

We currently employ 6 techs.

Quote from @Matheus Souza: Hey everyone so I am a brand new real estate investor just starting out looking to invest in long-term rentals and I need some insight, so I am recently self-employed for about seven months and I know I can't get a traditional loan due to me not having two years of self-employed tax return therefore I came across DSCR loan and Bank statement loans what are your guys's thoughts on those?

Quote from @Ethan Maciejewski: How do I determine if a tenant should qualify for a resident who has a low credit score but good rental payment history? 

Wondering if this would technically be possible:Could I "use" my brother who has less than great credit to obtain an FHA loan at a low-down payment, (I guess I would cosign??).

Columbus has been awesome for building wealth because it’s affordable, cash-flow positive, and growing like crazy with major employers like Intel, Amazon, Google, and Honda moving in.