This is an alternative approach for newly constructed buildings.RESIDUAL ESTIMATION APPROACHThis approach determines the cost of short-lived assets, such as 5 or 7 year property and subtracts them from the total project cost.

For now all 4 units are rented for a total of 12k/month.

Start with BiggerPockets Ultimate Beginners Guide (free).

Given your stated position of things, assumptions of skills and network, I'd say your best path is a totally different one. 

They even have awesome free resources as well. 

is there a way for me to create an online STR guestbook for free? 

Feel free to reach out!!

I've got a property under contractPurchase price $78K out the door (I have cash to close) Intent: build on the property which already has a functioning well, septic, and needs PGE installed Total buildout on the property utilities: $128K including the original land purchase price.

But in short, you have a few options:For the Primary - If this is a free and clear you can always do a cashout refi up to 80ltv.

The tenant was in the building when I bought it (I've owned the building for 2 months) and he claims to have an insurance policy covering them.My insurance company is saying they'll drop my policy on the building if the pitbulls are there even with the tenant's insurance policy.The dogs are very sweet but the tenant lets them run free and they often go into the neighboring property, resulting in 4 malicious animal violations from animal control in the past year.Any thoughts on how I should handle?