Purley asset-based lenders are most likely going to be hard money lenders whose rates are typically going to be much higher.

Pick a lane based on your strengths and long-term goals.

I base my rents on the condition of the unit and the competition. 

Dwelling (Building coverage)The limit should be based on the Replacement Cost of the building (cost to rebuild withthe same kind and quality excluding the foundation)2.

You will not have the rate long enough for it to interfere with your current and proposed profits.This is where having a good team comes into play for example having a seasoned realtor who knows the market on the purchase/ARV side.

They will base their DSCR calculation on the market rent 1007.

Umbrella insurance will never come into play for Property damage (fires, storms, floods, etc.)It is liability coverage only.I'm an insurance agent and have seen umbrella claims from fatal car and boat accidents. 

Based on my experience with custom home builds, and the photo they attached with my update, the house *should* be dried in within a few weeks.

He’d likely play the role of buyer’s agent, contractor, and rental listing agent—something we successfully did last June.

There is a solid argument of course for MF investing and scaling based on NOI.