He has used abusive justice tactic to get out of not paying for lodgings.He knows the law mostly as it applies to tenant issues and civil issues and procedure in lower courts.To defend in Tax court you need to have a lawyer(if I am not mistaken-ed) The IRS got Capone, it may be the best recourse in this instance for societal justice.We all pay our taxes and when we have no revenue there are no taxes to pay, the IRS never got it share from this guy!

I can force a 7 cap on multifamily properties by renting them as MTR.

Reach out to Chinery Evans and Nail - Casey Crawford can set you up and tell him I sent you. 

We are currently working on nailing down the physical projects at the house to ensure we will be good to go with our village interior/exterior inspection, and we are very excited about turning this into a true investment property which was our goal from the start.

With the reading and podcasts, I find elements of all those strategies intriguing but we have to nail down what would serve us best.  

It amazes me how many people simply ignore water problems and live in these houses for years and years and then some poor ole investor comes along not paying attention and gets nailed.

Hey @Nicholas Giordano, I think @Jaysen Medhurst nailed it when he mentioned that CT is a bit more landlord friendly when compared to MA and NY...as liberal as CT can be it does have that much going for it! 

Kiawah has implemented a cap on the number of rentals.

Or if they are walking on your property and step on a nail or trip on a pile of 2x4's BUT if your contractor has insurance than HIS/HER insurance will pay for injury caused by construction type accident.If you have a contractor do work and it causes damage then i.e. roof caves in.

There also is no cap on the number of these loans you can obtain.Your alternative option to institutional DSCR loans would be in-house commercial loans with banks/credit unions.