This framework should be comprehensive, covering all key areas of property management including financial management, tenant relations, routine and emergency maintenance, legal compliance, and property marketing.Identify the critical traits, skills, experiences, and credentials that distinguish a high-quality property management company.

Target rent is 2200, my expenses will be around 2050, so cash flow of 150 (not including vacancy).  

hmm...well, as someone who has 20+ million in warehouse lines of credit I do know that it would still be fraud not to include those loans on the application/quarterly financial statements that are required for business credit. 

Do you just include all utilities in monthly rent since it’s coming from one breaker and water account?

Unfortunately, upon doing some initial research (including on biggerpockets and reading Brandon's book on real estate investing), its not always feasible to invest where we reside - do you alternatives in mind?

I've included an example below to help illustrate this.So different lenders have different rates (which do vary even for DSCR loans) but these are factors they all consider.See example below:DSCR < 1Principal + Interest = $1,700Taxes = $350, Insurance = $100, Association Dues = $50Total PITIA = $2200Rent = $2000DSCR = Rent/PITIA = 2000/2200 = 0.91Since the DSCR is 0.91, we know the expenses are greater than the income of the property.DSCR >1Principal + Interest = $1,500Taxes = $250, Insurance = $100, Association Dues = $25Total PITIA = $1875 Rent = $2300DSCR = Rent/PITIA = 2300/1875 = 1.23DSCR lenders generally let you vest either individually or as an LLC.

This reduces exit options and affects the value.  10) Small number of small units is the most expensive residential development there is.  

It also reduces the chance of him saying "no" as he has 3 offers so what other choices are there?

This would include your agent, property manager,  and contractor.   

It may not be a simple DTI calculation but rather including your liquidity and assets into account - which may be a little complicated.