I highly suggest teaming up with a broker who you'd want to build a relationship with and truly understands the ins and outs of different underwriting guidelines for DSCR loans.

However, I continued to get raving 5 star reviews by following the advice in this book.

I am open to other ideas as well.Hopefully I explained my self well enough.So any suggestions on the best way to invest the funds?

The formula for calculating DSCR is straightforward:DSCR=NetOperatingIncome(NOI)/TotalDebtServiceNet Operating Income (NOI) represents the property's income after operating expenses.Total Debt Service includes all debt obligations, such as loan payments, property taxes, and insurance.A DSCR ratio above 1 indicates that the property's income is sufficient to cover its debt obligations, while a ratio below 1 suggests insufficient cash flow to cover debt payments.Lenders usually have specific DSCR requirements, with higher ratios indicating lower risk for the lender.

I've had a couple of people suggest to me to 1031 exchange my SFH here to buy multi-unit OOS or many SFHs...sounds like huge headache venturing into the unknown and all those tenants, repairs, capital expenses etc. 

Any suggestions or options, Please

If you are currently living in it, why not finish the basement and then either rent out that space or do as you suggested and you move downstairs and rent the rest of the house out? 

any ideas or suggestions would be appreciated.

My suggestion here is for you to not advise home on any tax issues. 

I have discussed it with my insurance agent and he tells me the earthquake insurance for commercial policies in Indiana is way to expensive right now to be practical, he says there are changes to how those policies are done coming in August so we will be reviewing my policies then.