The investor sector of the real estate agency side is different than the residential (more single family heavy) side for many reasons.

Here's some questions for you to consider since you will be undertaking heavy renovations.

Multifamily is a smart goal, especially in military-heavy areas like Hinesville or Savannah.

@Sarah MinorHave them overnight you a check.

The biggest thing you should do is figure out which market you are trying to invest in and do some heavy research in that area.

Many turn out to be nothing more than birddogs as they call the heavy hitters who in turn provide solutions of who will buy.....and all along the notes pretty much end up in the same holding tank.Not saying that is what goes on with our three newest members, but it's out there.

Day trips to the lakes versus overnights makes a lot of sense.

We live in fairfax and it is forbidden and can be heavy penalties.

There should be other options, however with an LLC and fourplex - yes, DSCR is by far most likely to be your best option unless you do the heavy lifting with local banks and credit unions (and these are increasingly not great options for this type of stuff as they move painfully slow and are under lots of regulations and restrictions)2) I haven't yet reached out local banks, but seeing the quotes from brokers makes me wondering if Banks may be better? 

@Craig Curelop is a great resource to assist with this as he is in Denver and wrote the book on house hacking for BP.You are a little numbers heavy vs. expectations meaning that it seems like you are really counting on these numbers to work and they could be tight which can be scary for a first property.