Your location may also play a factor in this.

To help assess each pet, we use a service called PetScreening, which rates pets based on various factors.

A HELOC or loan on your primary could provide funding, but that is typically not designed for longer term funding - i.e. a down payment on a multifamily....

@Jamie Parker, most of what you'll see in the education space of REI/business is fluff and designed to take your money.

I've included an example below to help illustrate this.So different lenders have different rates (which do vary even for DSCR loans) but these are factors they all consider.See example below:DSCR < 1Principal + Interest = $1,700Taxes = $350, Insurance = $100, Association Dues = $50Total PITIA = $2200Rent = $2000DSCR = Rent/PITIA = 2000/2200 = 0.91Since the DSCR is 0.91, we know the expenses are greater than the income of the property.DSCR >1Principal + Interest = $1,500Taxes = $250, Insurance = $100, Association Dues = $25Total PITIA = $1875 Rent = $2300DSCR = Rent/PITIA = 2300/1875 = 1.23If a purchase, you also generally need reserves / savings to show you have 3-6 month payments of PITIA (principal / interest (mortgage payment), property taxes and insurance and HOA (if applicable).

You need to do an independent review of the sold comps, DOM, and the finishes you need inside to get the ARV you see.3) When projects pass the paper test and pass the number tests, then you need a GC and an Agent or some kind of designer, who have already looked at all the comps, walk the space and put together a budget that works and that will get you the number.4) Now you need a good relationship with a money source. 

You may have seen my other posts in here related to a small mobile home park with 1 ranch home and 5 mobile homes.I have been waiting on the information regarding the septic design of this property for months.

When I internet search “residential definition” the first definition is ”designed for people to live in”.  

I guess that's kind of my point, I could easily see loosing 10-15% of my profitability using a management company, so it makes the DST fees more palatable when I factor in how much more time I would get back from passive investing vs. vetting/managing a management company and possibly still being active at times.  

Additionally, I collaborated with architects, engineers, and contractors to finalize the design and construction plans for a stackable duplex.