This would be a commercial real estate loan.Yes Chris, if the borrower or DPA (down payment assistance) as you call it comes in as a lender in 2nd position behind your banks 1st lien then that debt service or mortgage payment will be factored into the DSCR.If you structure it as a equity and you're both members/managers of a LLC then no because thats equity.One method is debt like you mentioned and another is debt capital.Most regional and national outfits will not allow a 2nd position upon acquisition or purchase.In my experience its only been community banks or credit unions that have allowed 2nd position liens upon acquisition.

Along the Dragon itself, I think a well outfitted Airbnb that is catered to motorcyclists will do well.

I worked for an electrical outfit for a bit and was on a digging crew.

Do you work for a corporate outfit? 

They are anticipated to inject 200-300 million in the near term economic impact on the community.I see big outfits with much better knowledge of markets than myself investing here. 

I’m just jumping in...could you add your take on evaluating which TurnKey outfits are likely to deliver a good product?

My own construction fix, turn, and flip is a small family outfit and we are perpetually swamped.

If you're working with a turnkey provider that only sells D class properties, I highly suggest looking at other outfits. 

Does anyone have experience with/recommendations for a good property management outfit in Milwaukee area?

Certainly, large Contracting companies will only be looking for larger jobs, and many companies specialize in insurance work, but there are plenty of well qualified smaller outfits that you can build a relationship with over time.