Sounds about accurate.What you should be focusing on is hopefully you are getting a return(Cash-flow) from your rentals and you are not paying tax on that.This would be better in comparison, to other investments such as dividend or interest income.

In comparison to the FHA 203k Loan, the homestyle loan appears to be a better fit for me.

Will also consider composite and granite depending on cost comparison.

If you're working with a tax pro, they should be able to run a comparison for you to show the differences.

Chicago is still pretty cheap in comparison. 

Cost comparison will be negligible.

Meaning you need to wait 12 months from date of purchase to use the newly appraised value and base off the LTV.In comparison, DSCR loans typically have shorter seasoning, often being 6, 3, some even 0 months seasoning.

There has been no comparison of risk here between a fund of 2nd position mortgages versus a fund of 1st position mortgages because one cannot be done without more information - the info only within PPR.  

The level of labor force activity in Detroit lags behind the overall US population and lags in comparison to similar cities. 

In comparison, they were down 29.3% in the West, 31.6% in the Midwest, and 39.4% in the Northeast.