I have a lot to consider, but I just want to ensure I set it up the right way from the beginning.

If you have a low credit score with a high loan to value on a little loan with a DSCR number that's right at 1.0 or even below, I can see 8.625%.When you say "The lender has also a put a 5 year prepayment premium on the loan", you make it seem like you didn't know they were doing that. 

The market certainly offers a tremendous pool of renters in the form of students and staff as @Jonathan Greene pointed out.

Right now only targeting single family.

One cannot waive the legal rights of another in the event of negligence or gross negligence.  

Hi Jared, you came to the right place!

As expected pay more for them but I have had a lot of time wasted trying to interview and find the right candidates. 

However, finding these properties at the right price is close to impossible.

I reiterated on the appeal and commissioners application that I live right upstairs, in the 1st unit and the response in the appeal was that because I indicated the unit for which I’m applying wasn’t my primary residence, it didn’t qualify.

We purchased it in November 2020 right before the pandemic at a purchase price of $330,000, a 3 bed 2 bath with a detached garage that was converted into a small room.