The reason for this mainly of because I can get a bigger loan on the house we have just built, than taking a ground up new construction loan on the rental we are wanting to build next door as well as my experience with ground up loans is zero - Hi Beth,Yes absolutely - you can use a DSCR loan for any business purpose development!

You have to get the person face to face.Creative deals are negotiated. 

It all depends, this is why I always review potential client's books what is the best course of action.I personally do not like QBO for real estate (I make it clear in all my posts lol) I just renewed my certification just because most people can't afford the PM software with accounting such as AppFolio and Yardi.

However the tenant is telling me they have personal issue and wants to move out of the lease or asking me options to break the contract. 

Quote from @Russell Brazil: In the future, do a court records search at https://casesearch.courts.state.md.us/casesearch/If you had done that, you would have seen they have 8 failure to pay rent cases against them.I am curious Who did the initial check on this person?

If you get a bad tenant, the rest of your tenants have to live with this person until you can successfully evict them.

Is there a specific name for this person or could it be anyone in the bank? 

Also for MTR purposes, we selected the area near to the two hospitals. 

@Tony Nuttall personally I’m not excited about a 2/1 because there are fewer exit strategies.

I would be more concerned with where the title to mobile home was - was it retire and put on the property or is it still personal propertyThere is nothing you can do to make it compliant, if the loan has been current for 12 months then you have ability to repay because they have consistent pay history