My two cents would be to wait to put it on the market until a lot closer to it actually being ready, if not once it's ready for move-in. 

But please thoroughly educate yourself on what "landlord friendly" actually means on a case by case basis.

You can actually use more than just a DSCR loan here if you cannot validate the minimum credit tradeline overlay lenders have.

It's a great way to talk through your plans and goals for real estate with people that actually understand! 

We feel bad that he did it for free, and he deserves to be paid for his time/effort, but if we pay him, now we have to go back to our tenant several months after the door was fixed and say “actually, we got charged after all, so now we need to pass that cost along to you”.

And plenty of people wholesale mls all the time and get deals it's actually quite common.

DSCR loans are based off of down payment, credit score and either actual or market rents so it helps to supercharge an investor's real estate goals and net worth.

Hey Jamie, I am actually a property manager located in Jacksonville, FL and work with several investors in the area.

It's not uncommon, and actually normal, for the operating entity to lease from the LLC that owns the building.

I doubt it was actually live.