The property will be cash flowing as soon as the remodel is over and has space for one large extra unit on the lot or two small units on the lot.

Here's a bit more in detail about how rates are calculated for DSCR loans:1.

A couple of thoughts that might help.I recast a loan at a point where I had paid enough extra to allow recast (I think it was $5k over).

Would love to chat and discuss in detail. 

The reality is the opposite - if it's not in writing then the PMC doesn't have to provide the service or can charge extra for it!

Verifying last 2 years of rental history and income extremely important to find the “best of the worst”.Make sure you understand the Class of properties you are looking at and the corresponding results to expect.The City of Detroit has 183 Neighborhoods we’ve analyzed.DM us if you’d like to discuss this logical approach in greater detail!

We spent weeks analyzing the details.

Let me know if you'd like more details or assistance!

More to the point of your post, the agreement of sale should have language detailing precisely how the escrow funds are released to buyer or seller.

Quote from @Tom Gimer: @Jay HinrichsIf a law is passed that has the effect of reforming existing contracts, there is a fairly detailed analysis/framework for determining whether it would be constitutional under the contracts clause.