The community has great UTV trails, so bought a Mule (not that expensive and built like a tank) to enjoy the trails.

Some contractors are just more expensive than others .

I've included an example below to help illustrate this.So different lenders have different rates (which do vary even for DSCR loans) but these are factors they all consider.See example below:DSCR < 1Principal + Interest = $1,700Taxes = $350, Insurance = $100, Association Dues = $50Total PITIA = $2200Rent = $2000DSCR = Rent/PITIA = 2000/2200 = 0.91Since the DSCR is 0.91, we know the expenses are greater than the income of the property.DSCR >1Principal + Interest = $1,500Taxes = $250, Insurance = $100, Association Dues = $25Total PITIA = $1875 Rent = $2300DSCR = Rent/PITIA = 2300/1875 = 1.23DSCR lenders generally let you vest either individually or as an LLC.

an example might be a 3 story brick building that could be replaced with a 3 story frame construction building at a lower building cost but still provide the same function.You should be revising the values based on the way your policy is written above. 

Population growth, strong job growth, multisector industry/economy (Never invest in an area propped up by a single industry, or worse, a single company), landlord and business friendly, strong development, strong sports teams (even minor and farm teams), lower crime rates than national average, and good schools/colleges nearby.

By investing in quality renovations, I hope to enhance the value and appeal of my home, as well as potentially lower my insurance costs.Strategic Renovations to ConsiderAddressing Four-Point Issues: I've addressed the issues that needed to be rectified before obtaining conventional financing.

The problem is not only that existing tenants suffer, but that local government will be pressured to pass legislation that will be extreme and engulf well run parks into spending unnecessary expense and complying with rules designed to provide residents with services they don’t want.  

We have had a hard time getting renters in since covid so our rents are a lot lower than we want.

Side note, you can also use the interest-only option to squeeze as much cash flow as possible with higher rates and expenses in this environment. 

It would cost around $3,500 to safely get my head above water with the licensing expenses, and I currently do not have that much, as I have most of my money currently in either a retirement fund or going toward college.