The Lender’s DCR – Theoretical and OptimisticLenders calculate Debt Coverage Ratio (DCR) by dividing Net Operating Income (NOI) by Annual Debt Service.Their version of NOI is usually based on: Market rent (sometimes even above actual rent) Standard vacancy allowance (often 5%) Limited expenses — typically taxes, insurance, and maybe management at 8–10%That’s it.

@Matthew LorentzYour best bet is to give them your requirements and refer out to one or two insurance brokers to help.

Have standards - enforce them (you get what you tolerate).5.

.• The money I lend comes from reputable wholesale lenders and banks I’m approved with — all underwritten through standard agency or investor guidelines.• For down payment assistance, those are generally limited to owner-occupied deals — happy to run through what’s available if you plan to live in one of the units.• To start, I’d just need some basic info about your goals, income, credit, and property type — we can figure out the best fit from there.• Pre-approvals usually take 24 hours or less once I have the necessary info.• Yes, I have rate lock programs available through several of my lenders.• I can absolutely share references and reviews from clients, including some who are active here on BiggerPockets.• And yes, I regularly connect clients with investor-friendly agents, property managers, and insurance pros in the area.If you’d like, we can set up a quick call or Zoom to talk through what you’re looking for and get you pre-approved.– David Stephens

We see both LLC name and owner of the LLC listed on insurance policies regularly.

The property should still cash flow after accounting for realistic vacancy and turn over expense, professional management, and  utilizing licensed, insured vendors.If a property doesn’t meet these standards, the cost of learning will be high.

Make sure that the snow removal company you do use is fully insured.

I would a standard lease, deposit and have them prepay for the stay.

How many of those do you need to pay licensing, insurance etc. and keep the lights on

The photos were below industry standards, even though I had installed a refrigerator, washer, dryer, and large mirrors to make the home more appealing.