I've posted on other threads - i'm not really changing my strategy in response to the macro changes, just accepting less cash flow as long as I get the other benefits.

I assume the lock works just fine to get in but I am 7 hours away and can't test it.

A default on the mortgage later would have been an acceptable risk in their position and worth the lump sum upfront. 

The DSCR depends on the type of lender but it is typically 1.25, although a few will accept 1.15.

This first property is a test case to see if I want to continue investing in CR (or perhaps mexico and belize later).

However, as an agent and investor, we understand an accept that our payout comes with time- however for a project manager realistically looking for a 1099, being paid at the time of work is key to making sure you have the right person on your team.Is there realistically a way that you can create your projections of net profit on a project (in a scale format from X$ to Y$) and find a happy medium in there of expected net profit, and carve out your PM budget there?

Here is the summary if you are interested.In this case, the main question is when did the investor completed his start-up phase and became actively engaged in his business.Whether a taxpayer is engaged in a trade or business is determined using a facts and circumstances test under which courts have focused on the following three factors that indicate the existence of a trade or business: (1) whether the taxpayer undertook the activity intending to earn a profit; (2) whether the taxpayer is regularly and actively involved in the activity; and (3) whether the taxpayer's activity has actually commenced.

The basic membership is an easy way to test drive the organization for not much cash. 

A lot of time and money goes into test preparation and licensing.

I have owned 3 brokerages and while the test is not super difficult..