Feel free to DM me if you rather not share those publicly.

Make sure you're accounting for the property tax rate differential for investment properties in SC - if you're going off of primary residence tax rates for the property (4% ratio), then the investment property rate (6% ratio) will likely be about 3x that amount.

That being the case, even with an ADU, I would be paying at least 10k a month for the mortgage and taxes, and then have to get extra funds for the ADU, and I would not have that income for the first while. 

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Just buy it in your name and then by time you rehab it and sell it if it’s two years then you can possibly get capital gains exemptionsNotLegal or tax advice

I’m not exactly sure how depreciation recapture would work when you lose money but I have heard that you’re still taxed. 

Hello BP family, I'm looking for a financial advisor/tax advisor/accountant in the San Diego area.

With any lender though, the DSCR requirement is probably higher,  some lenders start asking for tax returns, in place rents becomes more important, current occupancy, and other factors that a residential property does not have to worry about. 

Thanks for the free info.  

You do need Form 4797 to calculate and report depreciation recapture and pay tax on this portion.