Added additional unit and rehab current units to increase value.

Recently DSCR (Debt Service Coverage Ratio) for residential properties has been the talk, you probably have seen most loan officers market the heck out of these in recent months!  

If you can increase an additional $200-250/unit that might be something to consider.

He was an additional tenant to the lease and knew the current tenants, so after his application was approved he just simply moved in with out notice and or signing the lease. 

It can run $20k or more, sometimes yearly.Also they can change management companies any time, resulting in additional fees, renovations and style changes to common and in unit furniture.

203K is not affected the addition of units. 

In addition, we had to Quiet Title (via courts) because TWO of the existing residents in this unfinished subdivision would not sign lien waivers they had against the former developer who left the road a mess - I tried to take the quick route, but they were stubborn and didn't trust me (I guess?) 

Why not just hold the debt?

Additionally feel free to send me a DM once you identify a property and we can crunch some numbers. 

Also consider additional wear and tear, occasionally you may have a tenant who will leave a property trashed etc.