Sorry for those who invested pre-construction.

This is referred to as a sunk cost.Your revenue and expenses are going to be what they are, your question really translates to whether you think a 7% pretax fixed and *guaranteed* return is good relative to your opportunity set.

How do you handle annual reports, taxes, and other obligations?

Depending on when you refinance, the receipts might be needed.

It depends on your county.

A book I’m reading mentions “taxes” should be included in operating expenses but they don’t specify what type of taxes.All it says is “call your local county or look online at the county assessor’s page”No clue what that means, could someone clarify what taxes they’re referring to?

Working with mortgage brokers, gives you access to multiple DSCR lenders who have different guidelines depending on the lender. 

It depends on how much value you need. 

@Dave Meyer, it depends on the context. 

Mid-tier quality, mid-tier finishes, mid-tier service both pre and post closing.