Establish a relationship with a DSCR lender (debt service coverage ratio), and get the approval ahead of time then start hunting deals.

Thanks  Definitely full replacement cost with at least 1 million liability and loss of rents coverage.

. :)Cash flow is the money after piti only My definition of cash flow is the cash after allocating for all expenses (PM, Maintenance/cap ex, PITI, vacancy/turnover, office (portion of phone, printer, office space, IT, internet, etc), misc (portion of LLC, umbrella coverage, mileage, unexpected utilities due to issue at property (example slab leak), etc.). 

I also really liked having an episode with one podcast guest instead of a panel format because Dave can dive deep into several topics and provide very comprehensive content. 

Second Patricia's comment above - Visio can do this without a problem, and the appraiser will take into account short term rental rate info from AirDNA to qualify the unit's debt service coverage ratio.

Any help or suggestions for a reputable insurance company where I can find coverage for that area would be greatly appreciated.

I have a sewer water backup coverage.

A mutually agreeable and comprehensive document is the best safe guard against miss understandings.Assuming this wasn't your dad - a 50 - 50 deal would be sweet for you but crappy for the money man ( dad ).

Which makes it tough to maximize your mortgage coverage.

- Were banks interested in lending on the opportunity, or did you have to go with a non-bank / bridge lender given limited-to-no debt service coverage at the outset of the project?