I have not used the rental income and will not until I obtain the license. 

The benefit to them is that they receive income over time, and the benefit to you is that you don’t need to pursue bank lending.  

Due to our lack of US income, a DSCR loan appears to be our sole viable option.

The dept of finance has my estimated gross income over 150k then what it really is.

I could pretty comfortably afford my monthly out of pocket payment due to income and help from my partner. 

Our taxable earned income from our employment will be approximately $85,000. 

I plan to invest here soon and wanted to share some information about the market, rental income, or even general talk of the area.

Look into syndications, but vet the operators first, that is passive income as an LP, not owning rental properties.

It's crucial to understand the financials and market trends to gauge the potential value of a property accurately.One key aspect is the cap rate, which is a big player in determining a property's value based on its income compared to its price tag.

Someone will lend at a 33% LTV.All of this said, it sounds like the Trustee would actually like to say invested somehow.Option 2, put the house in a trust or LLC and let the rent be divided amongst the grandchildren:-All grandchildren remain owners of the property and the monthly income of $1,500(minus expenses) is split amongst the 6 grandchildren.I will warn that option 2 is more likely to result in long-term drama and likely some anamosity among the family members.