On another G.R. house, I have used a program through the city "Get the Lead Out", a somewhat more popular program for some time here. 

Value the house on it's own with comps and then run the CAP on the park for it's value. 

I would expect the one in his personal name shows on his credit report as a mortgage and the lender will factor it in his DTI.

I have my eye on a cute little two bedroom to rehab for my mother in law.

@Michael Baum so a doorbell is not necessary on an STR?  

I purchased it two years ago for $700k and have about $600k left on the loan. 

It really depends on how quickly you think you can pay back the loan.

He was overwhelmed at first with all the "insider" stuff: the 1031 exchanges, cash-on-cash returns, and figuring out what an ideal cap rate is, especially in a hot market like Dallas.

Purchase price: $390,000 Cash invested: $120,000 I purchased a four-plex for $390,000 where each unit was originally rented at $400 per month on a month-to-month basis.

Aloha,A LOT depends on the size and financial strength of the "corporation".