This ensures they have all tradelines, inquiries, and public records.FICO® Mortgage Scores (Classic Models): Unlike consumer apps (Credit Karma, Experian app, etc.) that often show VantageScore, DSCR lenders rely on the classic FICO mortgage scoring models:Equifax Beacon® 5.0Experian®/Fair Isaac Risk Model v2TransUnion® FICO Risk Score 04Middle Score Method: Just like agency loans, DSCR lenders typically use the middle score of the three bureaus for qualification. 

This negative position can consume years of cash flow to recover.

You have maybe two years to really give it all you got before many will be outsourced by tech and doing a real estate deal will be like buying an iPhone online, it'll be a new wave of consumer tech.

I have been consuming bigger pockets resources/books and personal finance books for the last few years and am working towards getting in the game by purchasing a property this year. 

The truth is: having a Will alone vs. setting up a Trust can make a huge difference for your heirs, especially if you own multiple rentals or out-of-state properties.Here’s the quick breakdown:Wills-Cheaper/easier to set up-You can decide who gets which property-BUT: everything goes through probate (public, time-consuming, sometimes costly)Trusts-Avoid probate → properties transfer directly to heirs-Keep your portfolio private (not public record)-You can set rules (“rental income goes to my kids until they turn 25”)-More expensive to set up, and you have to retitle properties into the trustKey tip for investors: If you own property in more than one state, probate could be required in each state.

With the amount of information readily available these days, the number of attorneys willing to take on almost any case, and activist consumer laws and regulations. any strategy that relies on anything other than “adding value” probably doesn’t have long term viability. 

My case is a bit special, given the W-2 job doesn't really consume a lot of time.

Also make sure you keep consumer debt non existent (student loans, car debt, etc), this gives you the best chance to go aggressive. 

Insurance is fundamentally about spreading risk - so avoiding over-concentration in a single area is good, albeit frustrating to the consumer, business practice. 

The fact that you're consuming content and asking for advice shows you're committed to doing it right, which is the most important mindset.Here are some thoughts based on your goals and challenges:1.