You’ve come to the right place to connect with some vary smart investors.

@Nida Chaudhry,Given the demand you've seen, a 30x60’ garage with varied storage options could be appealing.

This program option varies depending on the state.

Thank you in advanceDepending on tree type might be able to trade or sell for the workCost for all utilities and street will vary depending on the type of road you will have inverted or crowned. - how many catch basins you will need, hydrants   - etc.Very important you must utilize both sides of the road to maximize your effective cost for the road and utilities when building.

I've included an example below to help illustrate this.So different lenders have different rates (which do vary even for DSCR loans) but these are factors they all consider.See example below:DSCR < 1Principal + Interest = $1,700Taxes = $350, Insurance = $100, Association Dues = $50Total PITIA = $2200Rent = $2000DSCR = Rent/PITIA = 2000/2200 = 0.91Since the DSCR is 0.91, we know the expenses are greater than the income of the property.DSCR >1Principal + Interest = $1,500Taxes = $250, Insurance = $100, Association Dues = $25Total PITIA = $1875 Rent = $2300DSCR = Rent/PITIA = 2300/1875 = 1.23If a purchase, you also generally need reserves / savings to show you have 3-6 month payments of PITIA (principal / interest (mortgage payment), property taxes and insurance and HOA (if applicable).

These tenants tend to be reliable and respectful of the space—often more so than the varied guest pool with short-term rentals. 

To state that a broker cost more than a lender is false and can vary based on institution.

Property taxes and insurance can vary wildly depending on the location in SC - there really isn't a rule of thumb or generic figure that can be used. 

Run scenarios with 2%, 4%, and 6% annual appreciation to see how your returns might vary.

However, the specific comps can vary and its hard to make it a perfect apples to apples comparison.