The extra $400 went to cover city utilities and the costs of getting it ready to rent.

We know we still have to pay for a property manager as well as we are out of state in Michigan and other operating cost along with utilities.

Tenants pay for utilities, so for expenses I have vacancy 8% ($198), taxes $395, insurance $85, maintenance 3% ($74), CapX 5% ($124). 

@Casey Adams @Clint Jusino There’s a few programs that I utilize routinely for my clients on the 90-day BRRRR refinance for 75-80% LTV.

can utilize the DSCR loan !

If you're utilizing the house hack and low downpayment, I wouldn't think you'd have any issue hitting that target for a Cash on Cash or IRR.

Add in utilities at $200 a month, and you're looking at $2119/month.

Also, we plan to make the farmhouse and growing building/s nearly net zero, which will lower cost of utilities to zero.

And they will look at things like mortgages, insurance policies, bank accounts, personal social media posts that may talk about the house, utility bills, leases signed by you personally, etc in an attempt to pierce the corporate veil.  

If that's the case, the easy answer for "next time" is make sure you have a LL account with your utility provider, which will turn the power over into your name if the tenant disconnects from their name.