There may be a price point at which this deal would make sense, my wife and I have done similar scenarios to live-in flips and I think it’s a powerful tactic done right.

Handle this the right way or hire a PMC.

DSCR Loans at 85% LTV are extremely extremely rare right now (if anyone is offering them at all). 

Any guidance in the right direction would be greatly appreciated.

Rising insurance costs are probably the number one driver right now of our overall expenses.

It’s not a lot of $$$, but on principle I don’t feel like I should have to reimburse her for using those very specific anchors, right?

If you are sharing your personal space, you have the right to reject people of different races, religions, sex, people with children, etc.

We build cost plus, so our fee is set and the client/owner is responsible for the labor/material costs during the build whether they end up being lower, higher or right at the estimate/bid price for the bank.This is really up to him to do. 

Unit 3:  3 bed, 1.5 bath right near beach and restaurants, $3k reno (basically nothing) purchased fully furnished and ready to rent for $235k.