In response to your questions:Biggest q i still dont really understand is:- what happens if i refinance before 7yr term or sellAs you'll be the owner, you can refi or sell before the 7 years. 

I don't get the term "DSCR loan"   I mean all loans for 5+ units are based more on the property than the buyer.     

Before I invest in furnishing the unit I was curious about how much demand there is for mid-term rentals in south Denver.

Lucy: your story shows that setting up a loan is more than just interest rate and other terms.

Hey Jimmy- I'd be happy to discuss how things are in Beech and what the short term rental market looks like.

The place needs extensive work.

I agree with @Collin Hays especially in a state like NJ that is very one sided in terms of landlord/tenant situations.

You need to take a longer-term view of how it's likely to perform in the future.

Many, many people have made huge fortunes on SFR's alone.Speak extensively with anyone who invests in RE and do everything you can to pull out why you *shouldn't* do something.

I am assuming short-term rentals would be legal in the municipality.