In regards to the numbers you're calculating they seem to be relatively conservative in my opinion, to be direct it's more than I use for homes that are in good condition.

I then look at area vacancies, economic conditions, employment opportunities, area demographics and verify that the property has not been red tagged or have any other underlying problems that might make it difficult to resell or rent.When I have my financial information then I can consider debt service and costs related to equity partners in the overall income produced.

Without their signatures, the deal was in jeopardy.After some negotiation, her older sister agreed to sign, but she had one unusual condition: she wanted to keep the home’s vintage crystal doorknobs.

This includes, water, hot water, heat, air conditioning, cable, security system, snow removal, lawn care.

Seeing lots of inconsistencies in unit conditions/rents over here.

Their living conditions are unsanitary and could invite rodents, bugs, or just unhealthy living conditions in general.

and of course a lot of DSCR loans are quote with a 5 year pre-payment penalty which of course can be VERY expensive if you have a 5 year flat 5% PPP and either rates drop or market conditions are such that you would like to sell the property. 5% of 300k for example would be 15k. 

We can apply for conditional use permits, or we can declare the new unit through zoning as long as it meets all requirements. 

While some leases say they will remove all evidence the sign was there and restore to original condition, I doubt that happens in bankruptcy for example. 

He says it's in good condition, could use AC and a heater, maybe some new siding but otherwise in good condition.He has a renter there paying $1600 month to month who wants to stay but has no long term lease.