A few quick notes based on some of the replies:1.

Max LTV should be 75%LTV based on the basic factors, credit & DSCR. 

I suggest doing a market analysis based on what the property WOULD BE worth when the project is completed.

My challenge is that if I move out and rent my current home, I think I would realistically only be able to rent it for $1,700-$1,900 based on other comparable rentals in my area.

I believe there will be another meeting in October in Tokyo and I will certainly try to have one in Yokosuka.This is intended to be a joint meeting that's why we're coming together half way and if all goes well we'll have our separate meeting on even months and a joint meeting on odd months in hopes to give everyone opportunities to network with a larger and more varied number of individuals.Please follow this topic so you can be aware of plans as they are made.

Hi Jose- I don’t know the MO market but I can offer some advice based on my experience! 

Hi Drew, I haven't hired the wrong property manager, I have met a lot of them and based on their offerings and there personality have been turned off by many of them. 

NJ-based, got some cash, purchased a condo almost two years ago, and need to invest ASAP but so scared of out-of-state!

I don't know where you are based, but make sure there is enough spread for it to be worth it to an investor.

The base plan for the tool that my team has created is $999/mo designed for real estate wholesalers and they love it.