Most MF properties rent does not cover outgo unless you have adequate down payment. 

Austin TX had a problem with Stealth dorms and changed the limit from 6 to 4 in some downtown areas, and also San Diego had a problem with mini dorms and so you have apply to have 6 or more adults 18 and over in a SFR, and prove you have adequate parking. 

Sure, you can spend days drawing lines that connect boxes on some Donald Trump level real estate empire org chart in an effort to gain anonymity and avoid liability, but, at the end of the day, what protects business owners is adequate insurance and acting intelligently."

I want to be able to survive an interest rate rise at the refinance by having adequate cash buffers in case I ever had to bring money to a closing to refinance. 

(Sometimes a big lender's departments fail to adequately communicate these things to each other.)  

Be sure your building has adequate parking.  

Does not include removing or installing and assumes one large unit would be adequate (most likely not for a 115v 14-15k unit)$1750/mo x 12 x 20=$420,000 - $4000 for central A/C= $416,000.So  about $37/50/month gain for Central A/C if you are able to get $15/month more you break even. 

@Calus Glispie as @Ned Carey said $1 is legally considered sufficient if not adequate consideration for a legally binding contract along with a couple other elements.

The training in the Luxury Home-Sharing industry they’ve provided us has not only been adequate, but has FAR EXCEEDED what was promised.

Property Required docs First lien only Appraisal and inspections must be ordered by WL 1) The contract, 2) Your scope of work – this will be used 1) by our certified appraiser to help determine the ARV and 2) it will be referred to whenever you submit a draw from your repair escrow. 3) An insurance policy on the property where Investmark Mortgage named as the beneficiary (let us know if you need any insurance broker referrals) scope of work (SOW) examples – Bids from your contractor might be adequate to serve as your SOW as well.