My thinking and plan are that if I'm going to do this thing right, I'm going to have to quit my job and supplement it with other sources of income so that I can devote more time to getting involved with REI.

For a second on its own to track, most track equity coverage which is CLTV.

If you are willing to do appraisal gap coverage and show proof of funds to cover an appraisal shortage, then the actual down payment amount shouldn't matter to most sellers. 

It seems to me that we cannot make the client add coverage to the renters insurance policy since that would be an extra free and not be allowed by law.

My most recent "intel" is that it extends eviction moratorium 1 more year and for those who accept the payment "supplements" there will be catches such as relinquishing ability for financial litigation which has been our sole recourse vehicle. 

That means there's a 1% chance of of you ever losing a personal injury claim . . . if one is ever filed against you.Insurance companies know the odds and will ensure you have enough coverage. 

This is the basics of a DSCR (Debt Service Coverage Ratio) loan.  

Hello,I have 6 properties under one of my LLCs, all of them insured with DP1 policies including $300K liability coverage.

This might cut my income in half, but at that point in time I will have enough cash flow to supplement our lifestyle and expenses.

One in particular is called a DSCR (Debt Service Coverage Ratio) loan.