If its an investment property and going with a DSCR program (debt service coverage ratio), you'll be looking at about 25% down .

Ryan,If it is truly a separate company, you will want to have proper Insurance coverage:- General Liability (Bodily Injury or Property damage caused by your operations)- Professional Liability (aka Errors & Omissions - for damages caused by your decisions, advice,...)- Workers Compensation (even if you are not employing anyone)There are other coverage to consider depending on your operations.   

Do you have any equity in your home you could use to supplement you savings?

They said that they would exclude the dog from coverage.

Hail coverage is unfortunately getting really expensive (like $5000 deductible).As for vacancies, call around to multiple PM companies and ask about economic vacancy, not just physical vacancy.

Be careful not to "Outkick Your Coverage".

DSCR stands for Debt Service Coverage Ratio and you qualify based on the property itself rather than your DTI, work history, etc.

I agree with the items @David Liu mentioned but add insurance, vacancy, property management (even if self managing because it is work), misc (mostly items divided across all units (bookkeeper, LLC, umbrella coverage, tax man, office expenses, etc) as well as one off items such as utilities due to slab leak.  

Have the info on:    - any claims in the past 5 years    - when were the Roof, Electrical, Plumbing, & heat last updated    - what alarms/security    - who the prior coverage was for the past 5 yearsCA has become a difficult market for coverage lately so I would start the process early to make sure you are quoted in enough markets.

One such type of loan that plays a crucial role in commercial real estate financing is the Debt Service Coverage Ratio (DSCR) loan.