If they have a consumer license, there is a certain level of regulation that, although, DSCR loans aren't part of that regulation, will allow you to know that at least they passed the smell test on the consumer side.

The main shift will be accounting for the physical and management aspects of real estate: property condition, tenant relationships, local regulations, etc.Here’s a suggestion to get the ball rolling:Start identifying your buy box—what type of property, in what kind of market, at what price range, and what return metrics you're targeting.Explore turnkey and value-add rentals, especially in landlord-friendly markets in the Midwest or Southeast (if you're open to investing out of state).Leverage your network—you may already have contacts in finance or real estate who can connect you with off-market deals, brokers, or investor-friendly lenders.Once you’re ready to run numbers or evaluate a specific market, happy to walk through the process with you.

Feel free to connect if you want to discuss how I’ve seen it handled in practice.

But I am getting older, and some things just have to be farmed out these days for practicality or safety sake. 

With the insurance payout, is it more practical to rebuild as a multi-family or stick with an SFR for faster turnaround?

Market Analysis Tools: Utilize platforms like AirDNA to research market trends, average daily rates, and occupancy rates in your target areas.Financing Options: Explore various loan options beyond conventional mortgages, such as DSCR loans, which focus on the property's income potential.Networking: Connect with other investors through forums like Facebook Groups and industry conferences like the IMN STR Forum to gain insights and find potential resources.Legal and Tax Counsel: Consult with local attorneys and tax professionals to navigate zoning regulations, licensing requirements, and potential tax implications of STR ownership.

Every local municipality has different development regulations and it's regulated by your local planning and zoning department.

David, that’s a wild list—you could practically open a secondhand store with those finds.

Does anyone have any best practices or things they look out for, for these older homes?

I'd be happy to answer any questions you have directly - including best practices and connections within the market.