Last note; I will say this, Wholesaling small commercial properties can work. small apartments, retail, 5-15 units, etc is abundant out there, lots of mom and pop owners. 

You can also refi if you want cash for another property, and hit the note a little harder as the interest will be higher.

Time spent as an investor or in activities not customarily done by an owner does not count towards the 500 hours.One thing to note is that if you are married, you can combine hours with your spouse's to meet this threshold.

It is worth noting that this is a completely different product from Sean's.

Let me break down the numbers for you on the debt model versus the equity model.Equity Model for the house on Noble:With Debt 7.875%Purchase Price$137,900.00Title Fees$4,541.00Financing Costs at purchase$1,700.00Insurance$1,257.00Rehab Costs$40,000.00Utility Costs while vacant$450.00Taxes while vacant (3 monts)$150.00Hard money payments$4,311.67Option Fee$3,900.00Loan$180,000.00Refinancing costs$8,000.00Reserves in account$10,000.00Shiloh's 5k share of profits$5,000.00Amount left into the deal$29,409.67Rent$1,500.00Monthly PI Payments$1,300.00Monthly Taxes$54.00Monthly Insurance$105.00Cash Flow$41.00Sales price$269,900.00Loan amount after 3 years$175,000.00Closing costs on the sale$2,000.00Proceeds from sale$92,900.00Profits from sale$63,490.33Profits from Cash Flow$1,476.00Profits from Option Fee$3,900.00Total Profits$68,866.33Dividing the ProfitsOperating Partner$31,933.17Money Partner$36,933.17Total money returnedOperating Partner$36,933.17Money Partner$76,342.83APR for Money Partner42%Return for the money partner for the debt Model for the house on Noble First position lender 180,000 at 75% of the $240,000 ARVSecond position note from private money lender for $12,000 leveraging the property to 80%.If the option gets exercised at the end of the option period to keep the scenarios the same, then the total gain for the $12,000 would be $3,600 for the 3 years at 10%, which is what I would offer in second position for a note less than a $25,000. 

Noted.

As others noted, there is no limit to DSCR funding other than your ability to produce enough liquidity for down payments, closing costs, and the required reserves post-closing.

Banks had no reason to call notes due.

By all means give them a note on how to use all of the appliances (eg clean out the lint trap on the drier after each load, do not use dish soap in a dishwasher, change the furnace filter regularly, etc).

Any labor shortage areas, speed up green card process noted above.