Eric - See below for my initial thoughts:- The ARV seems a little low for my liking relative to the initial purchase price and renovations.

Rates for DSCR on a purchase today with good FICO should be in the low 7s so just run Market Rent Divided by estimated PITI and if you're above 1.0 then you don't need to worry about the appraiser's opinion of that basement (my gut says appraisal gives no credit to projected rent out of the unfinished basement... but perhaps it doesn't matter?)

Hi Charlie,We can actually use the purchase price + completed rehab (Total Cost) as the value and lend you 75% of that right away.Happy to connect!

quinoa vegetable soup, and it was was filling (and dare I say, cheap.. must have cost me ~$3.50 for all the ingredients).

Do you have a low interest rate on it?

I would also let them to to minimize costs incurred can we work together if I get someone who wants to look at the unit we get them access.

Needing costly maintenance after dealing with break ins, in-consistent tenants, and no one wanting to manage your property.My team and I, have created a graded map on all major cities in Ohio.

I was thinking this could be a good strategy to scale and keep costs managable. 

So, in sum, house hacking can be when you are able leverage low down payments in order to control an asset (use an FHA loan and rent out the other rooms/units, use the VA loan with no down payment to ultimately turn the property into a rental property, etc.). 

It takes a ton of money invested to make up for a $35k startup cost.