The modeling of this is actually pretty easy (see link: 42-unit proforma sample), but my model treats the pre-refi loan as I/O, but that can be updated based on your deal.

I own a 3 unit in the area but a different street.

I was fortunate enough to inherit a 21 unit multi family building.

Also, without even looking at the plans a 7 unit building will likely have flawed floor plans and/ or an inefficient layout unless its an irregular site.

The graduation for many successful AirBnB operators are 5-25 units hotels where licensing and permitting are inconsequential.

Hello,Im working with a lender to refinance into a Fanny Freddy mortgage now that I have stabilized my 36 unit complex.They have asked for a CAPEX schedule, and a T-6, in addition to the rent roll. 

If you own 25%+ of the business paying your w2, youre still self-employed.There are bank statement/1099 loan program as well, which is what you have been offered.

The policy below would be twice as high if we used our Personal insurer since they don't have the experience mods for Self-Storage.G. 

It's all in how conservative you are in your approach to underwriting your deals.Even when a Seller says they've improved the property, the tenants are still tenants and do damage to brand new improved units. 

You would need to get the units vacant in order to make the numbers work.