If I wind up in a pinch then I’ll dip into my personal cash reserves.  

You click on the details of the current reservation and scroll down to change reservation.

The goal here was to allow the borrower to build-up cash reserves to get his operations stabilized and the assets in a position to be refinanced.

That can take some time to build the teams, vet them, and be prepared to have some "BiggerPockets" for your reserves if things go south.

I have reserved the room for them, and how they use it is up to them.

Reserves, DTI, etc?

When you buy, make sure to have at least 3 months of reserves for an emergency fund. 

Yes, as a home owner you are on the hook for any other miscellaneous expenses that arise but that's why you take out reserves every month in your calculation. 

Additionally, cash purchases can often be quicker and simpler, avoiding the complexities and timelines associated with HML.However, using HML can preserve your cash reserves for other opportunities and emergencies.

Given the equity you’ve built and the cash reserves you have, this option might allow you to leverage better financing terms for the new property.