This is only for an 1,800 sf. one story ranch, not like it's a furnished 5,000 sq property. 

WE all get paid at the same time when the property closes I get my money back and my agreed on captial partner split they get the rest.. for some it works great we help them scale.. for others that just do a few a year and are dialing for absolute cheapest rates and have the money for downpayment and to make payments etc.. thats the route they will go usually broker who is putting them into a large lenders program and raking points off the top and at closing..

At year end you’ll get a summary and a tax form.

So it could take a decade to get to todays market rent. 2) it’s almost impossible if not impossible to non-renew a tenant, especially if you’re not an owner occupant. 3) As a seller, even if I could remove paying tenants I never would without a non-refundable payment from a potential buyer that covers all vacancies for 6 months if they fail to complete the purchase. 4) You MIGHT say as a buyer that’s worth it.

Escrow a regular homeowners insurance policy and then lease your property to an LLC.

I am stumped as to if it is worth it to get a business bank account or just open a normal checking and savings account. 

I know we can start with DSCR and refinance, but then you're paying closing/origination costs twice.

Keep in mind, such an appraisal may not be able to be used by your lender, but perhaps you can request an appraiser with investment property experience (wherever they may be). 

This amount is into the 6 figure range meaning that I will need to come out of pocket with an amount greater than my initial investment in the building in the event a major earthquake would destroy the building.

I make about 100k a year from my W-2 so I have some wiggle room to experiment so I'm not rushing too fast just trying to get some experience and properties under my belt. open to any advice or past experiences.