Hi David, thanks for the reply - working through a local bank now from the commercial sideTwo of our banks (one local, one not) said they can only do up to four units - one of our commercial lenders says we need a commercial loan from an NMLS lender.  

OR Maybe someone can share an agreement with me that is in favor of the Lender.

Having your "core 4" (Realtor, Property manager, Contractor, Lender) is extremely important. 

Yes, I have the lender that will provide the funding.

DSCR lenders have become iffy on STR financing.

LLC probably won't care about your DTI if you go to the right lender, Conventional will account for your DTI and want to see tax returns etc. 

It's going to depend on what type of loan you're planning on getting, and fees vary from lender to lender...same with title fees.

Someone coming down for a week see a nice lake house with private dock.

Im in the middle of buying a no owner occupied triplex and my lender locked  in about last week.. 

After thinking on it a bit more, I am going to look into the feasibility of a rent by room strategy to increase the cash flow and speak with some lenders to learn more details about what I'd need to provide to be able to consider these rents in my DTI calculation when I am qualifying for the next mortgage.