Did you do the video course or personal mentoring?  

Based on the income of the property no your personal income. 

BUT you can skip the income piece, as "qualifying" will be based on rents received, not your personal income.

As long as the title company files the note and deed with the county then it's easy to refinance in the future.3.

DSCR loans are a great option for anyone that doesn't fit the conventional "box" - DTI isn't a factor, no employment info needed, no W2s, paystubs, tax returns, 1099s, etc. needed, you can close in an LLC if you want to and many lenders don't report to personal credit, so those loans won't affect your credit score/DTI for any conventional financing you might pursue in the future.

However from my observations the squatter occupied properties tend to be in lower barrier markets and I wouldn't personally want to spend my time and effort trying to create value in such neighborhoods.

I'd personally wouldn't refi it.

I am a handy person who would be able to perform much of the home renovation myself.

House hacking will also give you some personal "property management" experience.

What about filing evictions if necessary?