Although this 5.5% to 6% is taxable, it still enables them to offer above the 70% guideline.Experience also plays a key role.

Second, if youre doing fix and flipping in addition to your W2 income, how does that factor in to your normal taxable income from your W2?

If you plan to live in this new home for only a year, i would consider paying points to buy your rate down as you will not have access to cheaper owner occupied rates if you are planning to move again.You can consider multifamily properties now! 

Ultimately a much easier and cheaper solution, at least for now.

He talks about how you can purchase a rental property, manage it as a short term rental during the year you acquire it, do a cost segregation study, use those "losses" to significantly reduce your taxable income that year, and then turn the property into a long term rental in the following year. 

You should have a reliable and if YOU search for Youtube video (handyman unlikely to do this) as @Nathan Gesner recommends, you should be able to fix much cheaper.

I think you could split after sale for a non-taxable event, the total basis transferred in would be split across the two "new" properties.Calling @Dave Foster to give his insights here, lots going on in this one.

So far based on quotes I've been getting, installing electric wall heater is significantly cheaper than HVAC quotes.

In you case, it is much cheaper, be there early, so you got a spot at the front.

A conventional loan may come in slightly cheaper, that's true, but the red tape on conventional mortgages is excessive to say the least.No Reporting on Personal Credit: DSCR loans are kept off your personal credit profile, which is perfect for keeping your personal and business credit separate.