@Steve MeI always start with a google of their regulatory filings.Looks like the fund is only 25M with 2.5M explicitly called out as an one time structuring fee.That is WAY above average fees and is way below average fund size.

The underwater property is on an ARM and I would like to refinance to a fixed rate ASAP.

This is the same guy that wants all law abiding citizens to be armed and learn how to protect themselves because it overwhelming to the police,I don't mind being a cheerleader for Detroit but be honest a don't lie. 

I'd help her obtain a rental or investment but buy my own house arms-length. 

Rental needs to be at arm's length.Or, I guess technically speaking - you COULD do it, but your LLC would not be able to deduct anything because this is not a business transaction.

The tips sheet explicitly states those three areas, and it adds that if there are no windows in a room that the room may still be tested on the floor.

Recently added a 6month arm DSCR in 5's. 

There are no "wow" features to your Kings Arms house.

The Excel spreadsheet that I have has ROI (cash on cash) with and without appreciation based on different loan products, ARMs 3/1 & 7/1; 15 year fixed and 30 year fixed.

I typically see these as an ARM product with rates in the mid 6's.