Thanks all for  great suggestions and advice.

My suggestion would be to talk to me or someone else who has actually had this mortgage and see if it’s right for you.

That’s how you’ll get all the deals.It really is that simple.

Simple answer is it depends on your market and what other comparables have @Natali Cobb.If you are doing a renovation already, then it makes a lot more sense than not. 

The main issue with rental basement is water if it has water issue usually it is a simple fix .Clean gutters ,discharge gutter  water away 10" away from foundation, make sure you foundation soil is slopped away from it .If you need to buy soil get a clay mix .Cut back any tree too close to the foundation look at the drip line that's how far the limbs are out from the tree .If all that is done still has water buy a sump pump  carry the water to day light away from foundation 10" to 15" .

Any suggestions? 

When there is turnover on client's prop, simple, have a REALTOR show it.

- Suggest you speak with one about their fees, but also about their thoughts on the market.- Do NOT speak to a PMC that can't PROVE they also manage STRs.

Any suggesting on which bank to work with.

I'm curious what he ended up doing, but I would definitely suggest checking out this episode of BiggerPockets Money that talked about this exact subject!