It is a niche market without a lot of draw short of the beach itself. 

I shop it every year and the most recent company I work with has been really good with pricing but still doesn't make sense based on our 15 year history of having no claims and paying out every year.   

DSCR loans are based off of down payment, credit score and either actual or market rents so it helps to supercharge an investor's real estate goals and net worth.

Not sure if interesting, but my buddy just launched a tool to help find off market properties across the US based on tax delinquencies, probate, pre-foreclosures...etc.

Following - I'm based in California

In all markets, basing these expenses as a percentage of rent is not logical. 

He also has no driver's license, but he does have an out of state ID.I get a bad feeling that this could turn out bad for me and feel I can decline him legally based on him not having rental references, but on the other hand I think that maybe I could either offer him a month-to-month lease with a guarantee I don't raise rent for 12 months, or require a double deposit. 

We are based in NY, mainly looking to invest in the Hudson Valley area.

I work with remodeling companies and their clients to draw floor plans, elevations, site plans, renderings, etc.

It's interesting what people will do in acts of desparation.In my experience, lenders (specifically private lenders) will do what they can to work with a borrower to avoid foreclosure, which is a costly endeavor for the lender and requires time to process, usually months and months, depending on your state.Also, while an LLC is often considered a safeguard to protect personal assets, a lender using an LLC for multiple loans may have a substantial value to their LLC, which could all be at risk.Finally, if the wrongful foreclosure suit is legitimate and based on an error by the lender themselves, an attorney could logically sue both the LLC and the individual.