If the rentals are showing positive cash flow or at least covering their own expenses, they typically have little impact on qualification.

That can impact tenant experience and long-term asset condition.From an operations standpoint, financing doesn’t just sit in the background — it influences how aggressively reserves are built, how capital projects are prioritized, and how much flexibility there is when unexpected expenses hit.

Quote from @Hunter Foote: I’m curious to know if there are others in the BP community who have experience with recovery housing as a real estate strategy.I’ve spent the last several years working on the development side of sober living homes, and I’ve found it to be a fascinating intersection of real estate, social impact, and long-term cash flow.

Or if you cash out refinance your condo, you are essentially moving that debt to a 30 year fixed option which I think is your best move.

The price you paid for that cash flow is too high because of its impact on the ROI.Good luck

Sometimes you don't even see land on the books which is obviously absurd.Allen - I think the point of the post was to discuss the closing statement and how that impacts what gets capitalized.

Interested in hearing how financing choices impact operations.

From your experience, how much does financing structure affect long-term management decisions like reserves, rehab timing, or staffing? Interested in how others see this play out.

Keep yourself updated on any changes that may impact your investment.Remember, investing in real estate is a marathon, not a sprint.

I haven’t taken Josh Roosen’s course, but I still felt compelled to write this because of the impact he’s had on me and my business.Josh is one of those rare people in this industry who leads with value first.