Getting the official legal advice in writing from an attorney rather than a CPA, since they are officers of the law, can give you greater protection than just advice from a CPA. 

However, verbal agreements can be legally binding in court if there is enough evidence to prove the agreement's existence and terms. 

You may also be required to show 12 months reserves + the downpayment and closing costs.

Will a DSCR lender give me a home equity loan from my (1st SFH) rental property, so that I can cover the down payment + closing costs to assume the 2.75% interest rate on a (3rd SFH) property I would move into immediately?

This business is more closely related to manufacturing, if I had to guess. 

I am under contract (closing 5/22) on a quadruplex in Austin, TX.

.- Negotiate and Close: When you find a property that aligns with your investment goals, work with your agent to negotiate the best possible deal.By following these steps and staying proactive in yoursearch, you'll be well on your way to finding your first investment property inHuntsville, AL.

Give the police your contact information and ask them to have the family reach out to you for next steps.Be careful you don't get yourself in a legal bind!

Unfortunately the placement of a water heater in close proximity to the water and vent hook ups is preventing the tenant from fitting a washer and dryer unit set up in the cabinet space provided (side by side and stacked config not possible).

So you could get a DSCR Loan.However most DSCR loan I know want to see at least 20% down, but you might be able to find a lower lender or you would need to get a hard money loan and season it for 60 days and then close with the lender.