The asking rent growth rate decline of 2.7% observed over the past 12 months compares unfavorably to the long-term performance of the metro, and rent growth deceleration has been shared broadly among the Los Angeles metropolitan area's thirty-seven apartment submarkets.Competitive Inventory, Household Formations, AbsorptionThe first quarter added 6,770 net new households to the Los Angeles MSA.

I’m a realtor and have completed a CRM on final build so based on a Comparative Market Analysis I would have instant equity upon completion of the build and could sell or refinance. 

Not as many amenities with townhomes usually but as example the interest rates aren't any higher on a townhome compared to a condo. 

If so, why? 

If you are just doing a lower leverage (compared to a full 75% cash out) then it will save you on the rate as well.Happy to connect and talk through some options, but it would certainly be feasible to Quit Claim your property into your LLC and do the HELOC from there, but it is up to you.Good luck!

If there are comparable rentals that support the rent by room amount, then yes it can be considered for DSCR. 

We recommend you get management contracts from several PMCs and compare the services they cover and, more importantly, what they each DO NOT cover.

@Yoav Schatzberg Step 1 is to compare it to prior year P&L. 

Conduct a proper valuation by comparing it to similar properties in the area, considering both current and potential future values.

Thanks in advance for patiently answering my question.PS: I don't have a CPA, and I'm in the process of getting one, but I wanted to get a frame of reference so I can roughly compare notes with anything my future CPA would propose.