Over the last 10-12 years, the city’s been on a steady climb, and for good reason.

Personally, I wouldn't offer SubTo or a Wrap, For reasons I've written about fairly extensively. https://www.biggerpockets.com/forums/70/topics/1227199-the-m...However, I would sell on "Lease Option" and that may work for you.

FHA rules require that a landlord allow an ESA if it is a reasonable accommodation.

I might be able to help, but what's the reason your builder is looking to refinance? 

DSCR loans are based off of down payment, credit score and either actual or market rents so it helps to supercharge an investor's real estate goals and net worth.

I'll give you a hint; the powers are very extensive, and for good reason.

Nope......i heard of it on a podcast though.i actually have studied banking and economics for the last year and a half.

Of the dozens of MFR I have closed on over the years none have been in Newark, the reason for this is it is not worth the headache. 

To determine what to offer on a rental property:Determine reasonable market rent, NOT the highest!

It flip flops, it actually makes them more intrigued.