The problems with the project mostly stemmed from the crawl space work, which required shoring, replacing structural members, leveling floors and insulation. 

Multifamily is dictated by investors, who simply view them as a math problem.

It’s not uncommon to rent by the room to individuals, but it requires some careful management.

Interest rates are in the 6's right now so that heavily affects any new calculations for DSCR than when you bought the property.A hope would be that as your loan comes do and gets closer hopefully interest rates fall some making potential extra payment less required from lender.  

Even a DSCR loan requires a 1.25x DSCR ratio to pull your money out.

And yep, I was made aware a couple of years ago of that 12 person max and/or I think 4,000 sq ft limitation (or some size anyway) that requires a sprinkler system for all new construction.I don't think they're that wrong for implementing the requirement. 

To do this, you would use the underwriting and loan requirements provided by your loan purchaser, which may or may not align with your current criteria.

It's easy to obtain, costs very little, and doesn't require extra, on-going effort to maintain.

Um....I thought this was simply my profile and not an actual post. 

The location you're referencing will likely require substantial rehab capital.There may be some out of state investor who hears NC and throws their money at a portfolio, but this feels like it'd need to be cash transaction.