The best GCs are going to want a guarantee of payment for their work.Seems like you've double counted carrying costs as you also have "loan interest" at the bottom.Good luck.

Option one would be the count the property as originally four units and since you are selling one of the four you might be able to use a cost basis in about 25% of the property.

Still had 6 leaks. 8 if you count the blown out shower water manifold and the toilet busting and running for 4 days.

They typically will not count retirement funds and not allow you to borrowed the money.

Lowest mortgage in the country AND his porn comment got him 200 upvotes & counting which must be some kind of BP recordhttps://www.biggerpockets.com/forums/530/topics/704333-found-adult-videos-shot-in-and-outside-our-portland-airbnb

From what I understand, banks don't loan to investors who don't have two years of real estate management experience (which you can't get until after you've done your first deal) and won't count the rental income towards your debt to income ratio.  

I’d agree with Bob, you can get a pretty good estimate just by dropping down the bedroom count to the specific unit, and then multiplying that by how many units are in the multi family property.

At some banks a zero balance wouldn’t count at all against your DTI. 

Your NOI calculations are wrong.You're counting the total rent as NOI without factoring any expenses.It should look more like this:$1,350 x 6 units x 12 months = $97,200$97,200 / 50% (Expenses) = $48,600 NOINOI / 5.5% cap rate = $883,636 property valueThis is using the standard "50% Rule" to quickly estimate expenses but you would obviously need to get the actuals in order to really run the numbers in detail. 

They did, however, need the 20% down payment up front for the purchase, which they had in savings and borrowed from her 401k, which doesn't count toward debt-to-income ratio.