Also if you go to court and the judge has to learn your contract, that is not a good thing normally. 

The two earliest popular and successful “gurus” were Jimmy Napier, whose speciality was investing in notes, mobile homes, and real estate “exchanging”, and John Beck, whose speciality was tax auctions, and complex series of exchanges in which John used near worthless lots acquired for pennies at tax auctions at full tax assessed value for exchange purposes, usually as a downpayment, or as collateral for a private note.

Your experience with the DSCR loan process sounds frustrating, but it's not entirely uncommon for borrowers to encounter last-minute changes, especially in complex transactions like cash-out refinances. 

The more complex you want it, the more time it will take. 

I also check the court records (civil, criminal & traffic) myself, just in case something was missed.  

That will go a long way in court. 

I moved into a somewhat decent sized apartment complex for six months between houses. 

I am open to all options of lending.Hi @Nolan DaltonDetermining whether a property investment qualifies for a DSCR (debt service coverage ratio) loan can be a complex process, but by following a few key steps, it can be made much simpler.Understand the DSCR requirement: In order to qualify for a DSCR loan, the property must have a DSCR of at least 1.25.

s excellent answers to your question a read—they do a great job presenting the complexities of the new construction vs. existing property dilemma you posed.

What are the challenges with this and does this make managing the property vastly more complex?