When it comes to finding a lender for a DSCR loan, does the lender need to be in the same area as my property, or can I choose any lender, and they'll get me the loan out of state? 

Hey Patience, I would personally get a loan and buy as many properties as I comfortably could.

If you own the LLC, then it's your deal and no coverage would extend to that transaction. 

But the value that can be added in high value markets is greater than in low cost markets.My last value add (purchased Dec 2021) was purchased off market at $2.25M and was appraised at purchase at $2.5M for the loan (so on purchase I "made" $250K). 

Secure financing through conventional mortgages, FHA loans, VA loans, or private financing.Start searching for properties that meet your investment criteria and financing options.

From a lender's perspective, we struggle to get good loan officers.

Hello I hear their are unsecured loans I can acquire via my income history I believe they give you an income of 20% of the loan now can I pay into the debt replacing pre existing gray space the remaining 80% or will it remain outside as a new amount, hopefully that's understandable.also if I earn $30,000  annually what amount do they let me receive, thanks appreciate entirely.

Should I increase the rent since he's an extended family?

You will also need to see if they have a loan on the property and how much you would be putting down. 

In terms of doing a house hack, you likely will want to do a 5% down loan or something similar.