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.

You hit the nail on the head, and that's why I've been strongly considering it.

The nail in the coffin for IIP?

Jake nailed it- who suggested an S corp for holding an appreciating asset? 

You'll also hit a cap on how many mortgages you can get, so you may start 1031ing your 8-10 100K properties into higher value ones for example.

Progress pics and city inspections passed to date (continued):Floor framing and insulation complete (both passed inspection)Floor sheathing complete, pending nailing inspection.Walls getting stood up next week, as well as excavation for the upgraded gas line (to feed the additional gas meter) and excavation for the new water line to the ADU. 

@Fred Heller hits the nail right on the head.

Bill nailed the question, the answer you seek is in the comps.

Jayme Mendal,You nailed it, getting the property below value is key - though determining market value on a MF (which I am pursuing) can be difficult.