I emailed that firm directly and received a response saying that yes they are aware he uses their address. 

If you would like further information send an email anytime. 

The application includes a background report and credit report.

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.

A quick eye ball measurement tells me the total counter SF including the backsplash is no more than 24 ft of material.

As a rehabber I get deals emailed to me from wholesalers every now and again and there is only one group that actually structures deals that come close to making sense.

Quote from @Scott E.: Yes, very common from a broker to ask for an LOI before sending financials.

Apparently, the contract I executed included a clause for PMI for the life of the loan.

@Tom ServerI think that the 203k is not a good fit for your scenario because you are buying the property with cash and the 203k is a mortgage loan that includes the purchase price + the rehab costs.

For about $300 including delivery and removal of the old appliance, I can have a replacement used washer/dryer in place for a tenant in 0-3 days.