Very difficult to assess via 6x pics.  

Learn as much as you can about assessing properties yourself, because the realtor they assign you won't do jack squat.

When people mean DSCR loans sometimes its confused with Gross DSCR 8-9% commercial use/business use rental product then theres local bank that uses REAL DSCR (NOI/debtservice) and yes that is what you what to use to hold your property ultimately.I do the rental grade DSCR based on gross income too and it has its use of course but if I was the RE investor id rather have the local commercial notes as you'll be 150-200 bps (1.5-2.00% rate) less than DSCR rental products (gross income / PITIA  or principal/interest/taxes/insurance/assessments type stuff).The ratio of residential use versus your offices will affect the appetite of which local lender/community banks will take this on as well because apartments are seen as traditionally more stable income flows so they'll want a predominant portion of the income to be come stable residential sources with the remaining proportion to be from office/retail.

Have you had your property assessed to see if it qualifies for the 45L tax credits?

- After about a dozen flips, we found a crew of contractors that we really like.

If this is a good deal and your looking to move on it, I'd proactively look for comps in the area (even reach out to the county assessment office) that are similar and meet with the Appraiser to share what you have.

Senior debt would basically be the 1st position lender.There wouldn't be any way for a 3rd party to reasonably assess whether the sponsor will hit their raise or not by looking at it from the outside.

If they ask you to show 50k and you show 90k they love that like your girl likes a surprise dozen roses.Now, as far as flipping in general and flipping in a big city. 

In addition, I was unaware that there would be a new assessment from land to a completed unit, so the taxes increased significantly, which led to a few months of negative cash flow.

That relationship maybe took a dozen or more deals.