you'll probably still need something long term like software as others have suggested but this was a thought i had... you could see the actual profit or loss from a tax perspective for each property.

They expect you to live in one unit, BUT I have never heard of anyone from the lender go and  check in on you to see if you are actually living there. 

In this case we are the renters of the space and did not have any reason to think the sq ft was calculated on anything other than actual measured space since we also pay a CAM fee.

@Matt Wan Many lenders require wet signatures on at least the Promissory Note but if yours does not, as a US citizen you could do the entire signing anywhere on the planet with a good internet connection + mic + camera via Remote Online Notarization (RON) for less than $200.If wet signatures are required, the answer then depends upon what foreign country you are in.

I truly believe real estate is one of the most forgiving investments on the planet.

Later i found out I actually wanted the class focused on building apartments.   

During this renovation period would you, as the lender, want an Actual Cash Value or Full Repair Cost policy in place?

During this renovation period would you, as the lender, want an Actual Cash Value or Replacement Cost policy in place?

A true win-win I realize this is biggerpockets so we’re all supposed to act like real estate is the most amazing investment class on the planet.

Not on my planet.