When I walk a property that is, or was, a house (we have numerous of Queen Anne, Second Empire, Victorian, Edwardian homes in our area that have been turned into 2-8 unit apartment buildings.), I always look under the carpet to see if the hardwood floors are intact (i.e no one has nailed plywood over them) and whether they can be refinished.I figure tenants (or buyers) can always use an area rug, or wear slippers, if they want something warmer underfoot.

Or an underwriter may use EBITDA to determine the cash flow shortage and then likewise put it to the numerator of your DTI.However, I doubt a commercial lender (5+ units or non-residential / mixed use) is going to lend on an asset that doesn't have a DSCR that meets their guidelines (1.15x minimum I suspect, but typically 1.25x).  

If you want to pay for data, there is REIS, Axiometrics, and Moody's economy.com in addition to many others but too numerous to mention them all.

You should discuss your specific scenario with numerous lenders to see what would work best for you.

Assuming that Kyle provided more than half of his own support as he stated above (but if his parents were my client I would want to confirm this numerically), he cannot be claimed as a qualifying child.  

I had submitted through Connected Investors and have been receiving numerous calls a day from various agencies like Sprout and Seek offering to open these "business lines of credit" that are actually just business credit cards. 

Right now we're actually seeing numerous multi-family proprieties hitting the market and working with some investors to run numbers and project cash flow to see if those properties work for them; two folks have closed on new multifamilies in the last two weeks.

I think my history of posts, including the numerous times I have busted several local wholesaling companies about those practices, speak for themselves.

The present investment opportunity is such a rare one, for numerous reasons, that I will continue to pursue it.

Although they have violated numerous clauses, (including the final straw of moving in a nanny who is not on the lease nor did they ask for permission) I nicely offered to mutually part ways with them.