If this is the case then typically you only have to comply when you make alterations.2.

Mortgages for LLCs with personal credit under 680 are tough and expensive, and under 640 are typically not really economically practical for the borrower. 

Typically a solid GP would reach at a 2x multiple in 5 years, taking your 500k to 1MM.

DSCR loans typically take 21 days to close.

Spreads between conventional loans are typically 100-150 bps of the loan amount.

(all the colored dots are clicks from my traffic.

And are they riskier than a typical conventional loan? 

Condo's are usually on the cheaper end of cost for appraisal reports, typically not $750 (but if it's a high end condo or in an area with there's some complexity, the fee can reflect that). 

Typically, RS3 permits SFHs and two-flats, by right.

Even with the balloon, this is more typical for owner finance.