These should be spelled out in their lease and or local and state laws. 

Her medicaid and SNAP applications have come to my house and she lost her job and multiple lease violations in the few 5 mo she was here.. 

Full renovation in 2023 and re-leased at higher rate.

I wouldn't call that a true "DSCR Loan" - especially considering that a ground-up construction property won't have any cash flow so DSCR would be negative or 0 numerator if you'd try to calculate it ground up multifamily is not 0 cashflow there are hundreds of thousands of apartments built every year, leased up, and sold for a profit as well. we build not only at a discount for investors but 1% on infill lots I'd be really careful with all your absolutes. you can get land for 10k in columbus on lots you can build 2-4 units on in one of the cheapest construction markets in the country.

The code I have been quoted says "Whenever any person, whether as the owner or agent for the owner,rents, leases or has available for rent or lease, one or more residentialunits, such person shall be deemed to be in the residential rentalbusiness."

Is the year long lease void completely or is it only void for the time the water is out? 

As for refinancing, it is generally possible, but evaluating the costs, including closing fees and any additional points, is key.As a side note, you are obviously concerned about interest rate, and this can make a difference of hundreds dollars per month, but I see clients with properties where the monthly lease is 2x the monthly mortgage payment.

The tenants are still under lease, so why would they get their deposits back?

With regards to issues involving the contract, it's literally "Charlie Brown teacher" to my ears.Also, only offering MTM leases allows you to more easily mitigate a tenancy where someone is acting incongruent with your initial impression of them.

This 4-bedroom, 1.5-bath brick bungalow is currently tenanted with a long-term tenant of 5+ years, generating $900 per month on a month-to-month lease.