Who will pay for repairs, utilities, the payments, and what if you have an insurance claim?

I know typical rates are 8-10, sometimes I've seen 12%. 

I was already told I have to many accounts, even though the utilization is under 10%.

I'd guess $12,000 - $15,000, including the utility work - based on my experiences in SoCal.....

Consider factors such as the proximity to schools, parks, shopping, and public transportation.Property Condition: Distressed properties are typically in poor condition, so it's important to assess the state of the property.

If you have that much equity in your home , one option you could do is utilize a HELOC to help fund the rehab or some portion of the property.

This person would essentially be instrumental in putting the entire deal together.Given the significant role this individual would play, I'm curious about how their involvement is typically reflected in the closing documents, if at all.

You typically need 20% for the down payment and there are some credit score requirements as well. 

@Andrew Postell, I pulled it off the GRM site, which may not have updated ratios: "DSCR loans require borrowers to meet a minimum DSCR threshold, typically around 1.25...." https://www.rate.com/resources/what-are-non-qm-loansI spoke with a loan officer who said it may be lower now to reflect the market, so you may be right, but I am awaiting the approval and don't have the final ratio. 

MFH helps reduce vacancy expense, and you'll typically have a better ROI.