They stay because it’s quiet, comfortable, and predictable.

Quote from @Nick Blaauw: Me and my wife are about 50 and have one 11 year old child. 

You say credit cards, loans, car repo, student loans, collections and child support.

These are approved interim controls that should take place before any issues with a child happen. 

For those actively using DSCR loans, here’s what I’m seeing across today’s rental market — especially with insurance, taxes, and expenses creeping up 👀
1.10–1.15 DSCR

Aggressive plays ⚡

Can work… but there’...

I can’t believe any young person without a child would consider it such a hardship to not be worth the life changing money.

Collateral Protection & Value ShiftsNotes are collateral-backed, so I underwrite the property like I’m going to own it:20–30 percent drop in valueRehab cost increaseLonger days-on-market if I take the property backIf the only exit is foreclosure, I want to know I’m not inheriting a problem child.3.

Many times an applicant had income 3x rent BUT their monthly debts are outsized with credit cards, student loans, child support payments, car payments etc. 

I personally am comfortable with leverage and enjoy the tax benefits of owning more property.

Prop 19 eliminated the old parent-child exclusion for rental properties.