At the moment I have $10k of my own money available to be used in the deal Always exhaust your conventional opportunities before you jump into the DSCR world.  

As the post mentions, I am exhausted reading posts from everyone trying to predict what is going to happen next.

Make sure there’s an exhaust fan in there and also put it in a timer switch.

The home's value would be exhausted after 7 years in assisted living, faster if more intensive care services are needed.

Also, exhaustion will bury a lot of the enterprising novices.

Every one of the title companies/attorneys that we work with was able to provide contracts that are very effective for our needs.This list is not exhaustive, nor must it be done in order, but these are very important things to do.

Maybe I just don’t understand the concept but it seems exhausting.

That way you avoid the prepayment penalties also.I'm a DSCR broker and always tell client to exhaust the conventional options before getting a DSCR loan. 

Plan set:Page 1 cover sheet - project info, map, project team (owner, designer, energy engineer, structural engineer and solar consultant), list of all windows and doors to be used and index of all the sheets to follow - Architect (Arc)Page 2-4 - signed affidavit from the city saying you agree and will follow their conditions - City / OwnerPage 5 - floor plan, site plan (including existing utilities), and roof plan (design and pitch) - ArcPage 6 - solar panel / inverter specs - Solar companyPage 7 - elevations (what the home will look like from the back, front, sides) and insulation detail - ArcPage 8 - Electrical, mechanical, and plumbing plan (every switch, wire, outlet, exhaust fan, etc.) - ArcPage 9-11 - Title24 energy calculations - home must be net-zero energy - this specifies heating, cooling, water heater, solar panel system size needed to make it net zero energy use - Energy (T24) engineerPage 12-14 - Structural engineer general notes, concrete detail, framing detail with nailing detail - Structural engineer (SE)Page 15 - Foundation plan - concrete footings, posts and hardware, shear wall schedule - SEPage 16 - Roof framing plan with hardware, shear wall schedule - SEPage 17-20 - Framing detail for walls, posts, roof, shear walls etc - SE Structural calculations:37 pages of math-  design criteria, framing design and calculations, foundation design and calculations and lateral analysis - SE       

Legal battles are for after you've exhausted all the other venues and are backed into a corner.Fighting eminent domain would cost you a fortune.