That seems to be the most thorough.You would want to see bank statements and pay stubs.You will also want to talk to at least the last two most recent landlords.From a house hacking perspective, I always put rules in place as an addendum to the lease.

It seems like it's a pretty tight ROI.

I'm not the best at math so am using, what I think, is a more common sense approach, but seemed to make sense to me.

All of those aspects seem to me like an excellent area for the long term. 

Hi, What seems to not be mentioned often is exactly what hard money lenders want when presenting the deal to them and what that turn around time is. 

Yes that seems like the route I will take as prices are out of control where I am.

I looked into multiple scenarios, but the one that seemed most interesting was to size the roof panels large enough to cover the load of an entire 2 family.

Your plan is ambitious and seems quite feasible, given your preparation and understanding of the local market needs.

I could have also formed the LLC in my state (Virginia ) and applied to the other state for authority but it seemed like even more work.

I was wanting to start with cash flow initially rather than equity, though the more I learn about current market conditions the more it seems cash flow is harder and harder to achieve.