I Offered it to them at 10% below market with him paying utilities. he wanted it, so I screened him to verify he can afford it.

Furnished Finder is what we use to list all of our mid-terms and don't typically have any issues finding tenants. 

No - absolute max for DSCR is 85% LTV and that is extremely rare and typically not workable in this rate environment anyways.Standard/common max is 80% (acquisition and rate-term refinances) and 75% Cash-Out Refis

The first apartments I rented as the owner, were previously rented by the former owner at $150 month including utilities. 

The way to get access is typically reaching out to the sponsor and getting the PPM and the documents you need to do a thorough review.

Now I've got a property under contract:$78K purchase$35K in development of utilities.$24K in soft costs (permits impact fees etc)$200K (or less) buildout of the house (size tbd on after-build-appraisal) Likely going with 2/2 A frame 1000 sf.

I would count on having at least half market rate tenants, in the event Section 8 rents are higher than market, which they are in our market (granted you will need to subtract the utilities from the rent).  

You must exclude the land value, typically allocated based on property tax assessments or an appraisal, as land is non-depreciable.

@Venka Pulla It’s frustrating when a property manager isn’t meeting expectations, but transitioning to a new property manager is typically straightforward if you follow a few steps:Review the Management Agreement: Carefully read your current Property Management Agreement (PMA) to understand the termination process, including any required notice period.

Google permit expeditor or ask the county who typically is used.4.