There are DSCR lenders will allow only a single 20 or 25% owner of an LLC to sign a Personal Guarantee (other owners are not on the loan, or liable for the loan).

I use a loan servicer who processes the borrowers payment and then sends to me.

Curious if any General Contractors have recently originated commercial general liability insurance and build units that are sold as Condo/PUD's.

Explore the possibility of doing liability insurance instead, if you don't have much equity it may be your best, and much cheaper option.  

Hard Money loan How did you add value to the deal?

Considering a BRRRR deal sounds like a good idea, especially since you just bought your home.

We're not aware of anyone that's made a purchase from them work in over 3 years:(Most of the incentives in Detroit are targeted to owners that will live in their home or developers targeting large projects.

I made the mistake of letting someone get in one of my first units that was a bit off the 3 times, they were great tenants very kind and enjoyed their stay and experience with me, but could not afford it when I increased the rent on them, which is something you will have to do because of rising insurance/tax costs.5.)

You can still find single-family homes in the $80k–$100k range and duplexes in the $130k–$150k range, even in C and C+ neighborhoods that are seeing steady improvements.

Option 3- If they have qualified for FHA; counter the offer to see if they can qualify for low downpayment conventional loan