I’m a great employee, but husband is a great leader/boss/business owner.

The owners assume a project ends up looking perfect but the contractors only do what is on the written agreement… ultimately contractors almost always have an employee mindset and knowing that ESPECIALLY if out of state is everything. 

It is 50% occupied, grossing $1090.

Personally I'd consider Pottstown before Norristown, but it helps I have an employee who lives in Pottstown and grew up locally to really help figure out the areas. 

When people mean DSCR loans sometimes its confused with Gross DSCR 8-9% commercial use/business use rental product then theres local bank that uses REAL DSCR (NOI/debtservice) and yes that is what you what to use to hold your property ultimately.I do the rental grade DSCR based on gross income too and it has its use of course but if I was the RE investor id rather have the local commercial notes as you'll be 150-200 bps (1.5-2.00% rate) less than DSCR rental products (gross income / PITIA  or principal/interest/taxes/insurance/assessments type stuff).The ratio of residential use versus your offices will affect the appetite of which local lender/community banks will take this on as well because apartments are seen as traditionally more stable income flows so they'll want a predominant portion of the income to be come stable residential sources with the remaining proportion to be from office/retail.

@Kristina Anderson:Clearly an example how the errors or actions of an agent or employee.. can become the liability of the employer. 

As soon as you start adding percentages you incentivize gross inequalities that will exacerbate over time and eventually result in full scale cultural divisions.

Each 3 bedroom unit was rented for roughly $1500 each (so about $6000 gross rental income/month)… I knew this was under market rates for my area, and over the next year or so and with a few tenant turn overs, I now have a gross monthly rental income of $7200.

I am looking into STR in OBX, what my research shows so far is you get around 10% of house value gross rents annually.

I know a GC needs to pay subs but I don't know of any company that pays employees in advance before the work is completed, my job pays me after my work period not before or in advance, Every job I have ever had pays me after the work week, never before.Another thing to consider is, you have no recourse if the contractor takes off with your money and you don't have more than a name and UPS box address, the contractor knows the property address and can file a lien if they don't get paid, they have the advantage so you have to protect yourself.Way too many stories of a GC or sub asking for a large several thousand dollar deposit and then you never hear from them again.