The purchase price is listed at $285K and that includes ownership of the land, laundromat, and shop. 

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.

That is for the set up only with some kind of bricklike surround, it does NOT include moving the modular to your site.

Consider aspects including property location, market circumstances, financing arrangements, and long-term investment goals as you carefully study and assess your possibilities.

They can evaluate the strength of your case, advise on legal matters, including statute of limitations, and explore negotiation options before pursuing legal action.

We've chosen not to do a formal due diligence including ARV projections, cost per sq ft of rehabs in that local market etc, local title company selection, title search etc.This file may not proceed as we are dedicating resources to those with a likely probability to close.But again, thanks for engaging.

Subsequently, we discovered multiple leaks in the roof, resulting in water damage on the top and bottom floors, including mold growth in our closet on the bottom floor.

You'll get a lot more out of it, including a lifetime friend in the business if things progress well. 

Also the person paused on their application for a few days before completing it, including before doing the background check and paying the fee.

I appreciate anyone out there who can assist or provide there insight with where to get started.I can be contacted via Linkedin, email, or phone.