It's adjustable based on size, erring on the side of generosity.

@Manuel Angeles affordable deals depending on size can have multiple funding sources….

If you’re considering leveraging hard money lending (HML) for this flip, it could be a strong alternative to traditional financing—especially since HML is quicker to secure and designed for investors aiming to flip properties fast.With HML, you’re typically looking at covering a significant portion of both purchase price and rehab costs, which keeps more of your cash free for other expenses or emergencies.

Where I'm at if you change the size of the window by 5% or more you have to have engineered drawings showing the changes.  

Credit score and loan size can also affect what rate you may find. 

It does have some road running through a portion of it and it does have the railroad running along the border. 

The two 4-bedroom units even have two full-size washer and dryers each! 

It depends on the rental income, what you plan on putting down (20-25% is typical, 15% or 25% is required for conventional depending on # of units) For your owner occupied deal, you should be able to use a portion of the rental income to qualify and help offset your DTI a bit. 

Honestly unless you have the funds to buy them out of their portion when the time comes, it is better to sell it.

You filed two full year tax cycles and the numbers are similar (no greater variant than 1%) they maybe yes.Generally depreciation is added back as income BUT only the 40% portion you own not all of it.