Quote from @Stacy Raskin: DSCR must be rent ready or rather when the appraiser does the appraisal he must mark the box that says "as is" and not "subject to" which means that there is no work needed that is health and safety related.

Because once the HOA tries to claim from the surplus, they’re essentially saying: “We’re a junior lienholder and subordinate to the mortgage.”That’s risky for them, they could be behind others in the queue and get nothing.Instead, HOAs usually prefer to go after you, the new owner, because the lien survives the foreclosure and attaches to the property.

Just make sure it’s titled in both your names if you both go on the loan.Option 3: Use Cash — Least Risk, Least LeverageUsing your HYSA/CDs can make the deal stress-free and get you better pricing with sellers (cash closes move fast)But: It kills your liquidity and limits scalabilityIn an inflationary market, your cash is losing purchasing power unless it's working for youA smart hybrid: Use cash for down payment + closing, finance the rest with a loan (conventional or DSCR), and keep the HELOC untouched as a backup reserve or for rehab funds.My Recommendation: The “Hybrid Stack”Based on your situation, here’s a strong game plan:Use the HELOC for the down payment (this lets your cash stay liquid and interest-only eases the early cash flow drag)Finance the rest with a conventional loan (fixed rate, long-term hold benefits)Keep your cash reserve as a safety net for capex, vacancy, or a second dealThis gives you:Flexibility (via HELOC)Stability (via 30-year mortgage)Liquidity (keep your cash!)

While there's no shortage of options out there,as you mentioned, such as PropStream, DealCheck, REI Simpli, and Podio, the aim is to stand out by honing in on what really matters to investors: ROI, value, performance, efficiency, and possibly price.Expanding on what matters as outlined earlier, here are my assumptions regarding what investors might require if I were to launch a product today:User-Friendly Experience: A platform that feels like second nature to real estate investors, with intuitive design and features that make life easier.All-in-One Solutions: A toolbox stacked with everything necessary for successful investing—from finding leads to analyzing deals and managing properties.Seamless Integration: Make workflow smoother by seamlessly connecting with other essential tools and platforms you rely on.Insightful Analytics: Next-level decision-making with advanced analytics and data visualization that help you optimize investment strategies.Now, the challenge lies in the fact that every investor is unique, and the features might be excessive if they don't offer genuine value.

I would have the safety net of $40,000+ sitting in an investment account, and Ill try to save as much as possible per month to counter any large vacancies in possible recession.

Essentially my question is does having a real estate license help you as an investor?

I guess I'm asking for help essentially 😂Hi Andre, Cleveland is a good rental market, same as Dayton.

Essentially my mom would sell this new condo to the LLC (of which she is a 50% owner)?

Committing to the process is essential 💪🏽.

My handy AI Chat says "Gross negligence refers to an act showing a severe and reckless disregard for the lives or safety of another person.