For background info, this is going to be a rental to students at a local grad school who will prioritize function over aesthetic. 

What types of programs are available?

Hi Carline,I know there are down payment assistance programs for properties 4 units or under but anything over that is considered commercial and to my knowledge there are no loan programs out there.I'm not sure if the down payment assistance programs are still active but I can find out if you'd like!

Since Charter operates in my space, seller financed notes, I run into Charter students every now and then.The crux of their program is to teach you to find notes for them.

I have federal health coverage so I will not be a part of the medicare program.

The ONE Linden plan also included improving the parks in the Linden area as well as various other programs. 

I believe the one good thing about that spreadsheet is that it can be adjusted by the State you live in. because costs are different in every State the estimate sheet i believe is based on a multiplier for the corresponding State, as most cost estimating books are based. that program does break down a lot of information for you and i think it is a good program, one thing you may want to check is if the program updates every year with current multipliers for the States ( program is probably based on a starting average value for each thing and then the multiplier changes as prices for materials change) and you want to make sure it does that.

Ben,It applies to Conventional loans and other programs as well because its seen as a "Business expense" but you have to provide either 12 months cancelled checks or 12 months business checking account statements to show being paid for all 12 months.

If this is a Non-QM program, it should also default to these guidelines. 

This criteria is for 1-4 and 5-8 unit programs.