In the unusual event that I have to meet with a tenant not at their residence I choose a public place such as our public library.

The need to purchase 4 points seems unusual and unnecessary.DSCR Loan: These are good for investment properties as they focus on rental income, but $55,500 in fees sounds high.

That would be a very unusual mistake.

I have seen it in Arlington....one place super unusual, like almost two full houses on a lot that really should support only 1.I think your first step is to go in person to Planning and Zoning office...with your information and idea of what you want to do and see if they give you a warm or cold reception. 

Future rules are uncertain but I'm optimistic they'll be favorable.   

This really only matters if you have a lot of investors and perhaps have some unusual investors investing through trusts. 

It's unusual to ask for a background check for guests who book through Airbnb.

Not unusual at all to see prices like $1100-$1200 per side sell for $400,000 or in that general range. 

You've confirmed that I'm running the numbers right AND that an initial negative cash flow isn't unusual.

My plan is to hold onto it as a rental property, targeting Section 8 tenants, as the rental income is quite attractive at nearly $1,500 per month.Here's the challenge: The property's purchase price and labor is below $40,000, and I'm uncertain about my ability to secure a traditional mortgage for a property at this price point.