I would have a contractor price out the flooring, a lot of times they have discounts at wholesaling floor companies that you can get a better price with..

I wouldn't call that a true "DSCR Loan" - especially considering that a ground-up construction property won't have any cash flow so DSCR would be negative or 0 numerator if you'd try to calculate it ground up multifamily is not 0 cashflow there are hundreds of thousands of apartments built every year, leased up, and sold for a profit as well. we build not only at a discount for investors but 1% on infill lots I'd be really careful with all your absolutes. you can get land for 10k in columbus on lots you can build 2-4 units on in one of the cheapest construction markets in the country.

I learned the hard way that things can go wrong quickly, and if you don't have cash in place, you might be forced to sell at a discount.

Buffett let the cat out of the bag years ago on mobile home parks and you're not going to fall into tons of discounted deals on anything right now.  

The key here is buying at a discount.

If your goal is to move closer to family and you’re getting the house at a discount, it’s a strong personal and financial move.Advice Based on Your GoalsGiven your long-term goals of being debt-free while building a rental portfolio, it might make sense to hold onto the Stockton property.

the market is unforgiving right now with rates high, prices high, limited inventory, and tremendous demand for both retail and distressed properties.

You will get a more accurate idea of what your actual interest rate is without paying any discount points.

Whether its LTR or STR - if you buy at a discount of around 70 to 75% LTV, you should do ok. 

Hi All,First, thanks for the forum and tremendous expertise and support.