.  :-) And after speaking with another lender, it's confirmed a log cabin based on the heat source and their lending guideline. 

it's possible but unlikely. a great CPA who specializes in REI will be able to help you plan AHEAD for tax time and use different pieces of the tax code to your advantage, based on your unique situation, and ultimately save you way more in the long run. would you rather pay $750 to have a return done & get a $5,000 return, or pay $30 to have a return done and owe $5,000?

If I'm off base here, let me know and perhaps I can look at this another way. 

She is not based in MA but doesn't need to be.Paul

A few quick notes based on some of the replies:1.

The best source of funding is subjective because it's going to vary based on what's important to you.Do you care more about the terms?

Max LTV should be 75%LTV based on the basic factors, credit & DSCR. 

My challenge is that if I move out and rent my current home, I think I would realistically only be able to rent it for $1,700-$1,900 based on other comparable rentals in my area.

I suggest doing a market analysis based on what the property WOULD BE worth when the project is completed.

Hi Jose- I don’t know the MO market but I can offer some advice based on my experience!