Your listing for a new property sets the stage for building momentum and positive reviews, put your best foot forward with the actual furniture and decor.

This is common in larger communities especially in the southeast where there are HOA’s for your neighborhood but they are part of a larger planned community that has a community hoa - those could include a community pool or buildings etc

These tools streamline your analysis and improve your due diligence.Finally, build relationships with sellers, property managers, and agents.

The alternative would be to buy a lot and build a new 4,500 sq ft home.

Investing in duplexes and MF units can be a great way to build wealth and generate passive income.

But planning said as soon as I build an ADU on it, all units on the property are deemed 30 days minimum, not just the ADU.And so being, I believe turning them into condos would allow me to STR one.

If the building has independent supply runs to each unit, you have the option of sub-metering water and billing each unit for their consumption. 

BUT if it gets your deal done with less cash out of pocket, might be worth considering a higher rate until you can build some more equity/ pay down some of the balance, and the refi into something more reasonable in terms of rates.

Idaho is experiencing some price easing because of all the building.

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.