I'd urge you to reconsider this deal. 

So all in I am at $240,300 , hard money I am factoring in as 15% rate and since I’m borrowing 840k for let’s say 6 months , I’m factoring in hard money costs at 63k for 6 months So now all in I’m at $303,300 ARV should be at least $1.3 million (conservatively) I would cash out refi with a dscr loan and get back 975k , I would pay the $840k I owe to the hard money lenders , leaving me with 135k , and I would pay myself back with that money , and since I would have $303,300 invested , I would pay back 135k to myself leaving me with $168k invested in the house with a equity position of $325k , the actual house number are such after the cash out refinance: This house has 2 units and 3 accessory units Mortgage : $7100Heloc payment : $1300Total = $8400Live in 1st floor Rental income 2nd floor : $30003rd floor: $1500Accessory unit 1 :1200Accessory unit 2 $1200Income : $6900 Net : negative $1200I also already have a house that’s breaking even , but I’m living in one unit and if I move out that house would become positive $1500 which I can put toward the payment of one of the other houses .

Also, be careful if you proceed with future analyses like this.

Typically, the easiest way to verify this is to request additional documentation.

I’m an REI located out of Bandera, TX, and would love to connect with other investors in this area.

This steady influx of visitors is creating strong demand for short-term rental properties, especially in areas close to downtown, such as Fountain Square, Mass Ave, and Broad Ripple.High Occupancy Rates: Short-term rentals in the city are enjoying high occupancy rates, particularly during peak event seasons.

This change has already caused a lot of buyer hesitancy, seller's with inflated expectations, and a whole lot of agents wondering how this will impact their transaction volume. 

Iso g this info you can better determine projected vacancy based on factors you can control on top of the fact that you could have other amenities or the best presentation that would help minimize vacancy.

If I purchase this and quit claim deed it to my LLC, who pays the mortgage?

What are my options at this time- specifically Can i place a lien on the land without a court order?