As a New MLO, I would focus on a team/brokerage that has a good training program and a lot of different loan programs. 

Leverage magnifies return.3) The effort involved in adding an ADU is comparable or larger than a rehab associated with a BRRRR.

Love what you’re building, Jacob — both with Legacy Construction and your apprenticeship program.

Agree with all posted by Stuart & Corby, except about the Renters Insurance.We offer Renters Insurance to our tenants also and it's a special program only PMCs have access to and is a much better & cheaper "product" than tenants can get on their own.You have 3 options:1) Check the lease for a "transfer of management" clause to see if that can terminate those services.2) Negotiate with the tenant to terminate those services.3) Retain the PMC through the end of the lease.

We have loan programs available for foreign nationals if you need help!

Even if you are not a nurse there are programs that you qualify for that make it easier to get based on career field and that you are required to travel.Most people that have to travel have to aquire Mid-term rentals and its not cheap. 

Im happy to share my sphere of influence with you to help you learn more about how to work that program here in Memphis!

See the chart from Fair Isaac Company (FICO) below: FICO Score Pct of Population Default Probability 800 or more 13.00% 1.00% 750-799 27.00% 1.00% 700-749 18.00% 4.40% 650-699 15.00% 8.90% 600-649 12.00% 15.80% 550-599 8.00% 22.50% 500-549 5.00% 28.40% Less than 499 2.00% 41.00% Source: Fair Isaac CompanyAccording to this chart, investors should use corresponding vacancy + tenant-nonperformance factors of approximately 5% for Class A rentals, 10% for Class B and 20% for Class C.To address Class C payment challenges, many industry "experts" are now selling programs to newbie investors about how Section 8 tenants are the cure.

The main DSCR programs I see are those for 1-4 units and another program for 5-8 units.

In one he checked the box on the application that said he or no entity he was involved with had ever file for bankruptcy.