I pay for Microsoft Office 365 family license and included with it is 6 accounts to MS OneDrive cloud with 1GB storage each.

Check in with him on the mortgage side first, there are a lot of creative income programs currently, including a P&L statement for entrepreneurs which could require less down..Good luck! 

Then you have to account for your time and quality of life living next to a construction project.

So assuming I can do a nice garage conversion at $140k, I would need it to add over (to account for the extra time required) $280k of value.  

These are generally business loans based on assets and income of the property often structured as DSCR (Debt Service Coverage Ratio) loans.

Hi -- I'm working on a house that will be in a lower-income rental area.

You can access nearly 95% CLTV (on a primary - depending on income) and on investment properties up to 85% (full income verification) or use the proposed rental income (DSCR) usually up to 70-75% max.

George Loveless , in terms of any special taxes, there is something called Regional Income Tax Agency in the NE part of the state.

Their combined income is 7x rent.

If you live in the home for 24 months out of the past 5 years, you can exclude up to 250k of capital gains from your income, or 500k if married filing jointly.