DSCR Loans in second position is not a thing - you might find a DSCR Lender that have other products that fit this need, like a Closed End Second or HELOC, but they aren't really "DSCR Loans" - I think you are likely looking for a CES (it is true however that you are correct in looking at the same place though, most of the lenders offering this on rentals are also DSCR Lenders)

Purchase price: $10,000 Cash invested: $32,000This was originally a two bedroom house upstairs with kitchen dining room living room and a bathroom downstairs with like a mud room for say.

Like the Solo 401K idea but at 71 yrs a little too late to start a business and earn enough salary to grow a Solo 401K for a real estate purchase.

Think of it like a pie with 4 slices or quadrants.

My name is Chris, I'm just getting started on real estate investing... like from square 1 sort of starting out.

But again its about recommending to them to pack a sufficient food and drink supply if a storm is possible.We also to try have ice melt and snow shovels on hand, extra blankets and stuff like that.To mitigate some of this think about a full time back up generator to keep the power.  

I like your planting trees metaphor - it comforts me.

Just like with multifamily buildings, the more modern and move-in-ready a property is, the less potential there is for adding value, which can limit your return on investment.I suggest looking for off-market properties.

I like working with the Architect we picked.

The safest bet is to try to get a variance from Union City. though clever, your combined unit lease agreement would likely cause trouble if ever scrutinized by the Tenants or the municipality.