I have to submit new architectural plans that incorporate the modifications i made after the legal "artist loft." 

I'm going to incorporate many of those items into my leases. 

Yes - it is incorporated in their underwriting but that's moreso on a market level than a property level.

Most major companies incorporated in DE not for taxes but due to their corporate governance laws.

& see if your manager can incorporate those into their tenant screening process.I wish you all the best.

Not sure if it would work, but you could try to get a refinance loan where they incorporate the improvements.

A few other reasons I like build to rents vs. typical rentals: they attract great, well qualified applicants, they usually bring 2 year leases, we're able to incorporate the details important to us into the home for aesthetics and durability, everything of of course is new, so a lot less maintenance calls, last - they require a lot less effort to manage relative to more common rentals.  

I am just looking for some help understanding how to calculate cashflow while needing to incorporate the HELOC's variable interest rate. 

@Logan Sierra - If you're in the military, I would also incorporate househacking with your VA loan each time you move to a different location due to your work.

We really wanted to expand our tennat base by incorporating Section 8 but doesn't seem to be in the cards.