The two posts above are talking about professional lenders that happen to be non traditional and focus on real estate.

So maybe divide the traditional security deposit for a 12 month lease by the actual length of the lease ($1,800/12) = $150 and then add in whatever you think necessary to make you more comfortable. 

I did this to give some anonymity and lawsuit protection (I know not 100%, but a lot more than a traditional LLC in the state I reside).

So while my language might come off as outdated/traditional to some…my husbands goals are synonymous with my own.

Not with a traditional multi-family, value add, secondary market play. 

I asked the realtor if the owner would be open to non traditional financing.

When people mean DSCR loans sometimes its confused with Gross DSCR 8-9% commercial use/business use rental product then theres local bank that uses REAL DSCR (NOI/debtservice) and yes that is what you what to use to hold your property ultimately.I do the rental grade DSCR based on gross income too and it has its use of course but if I was the RE investor id rather have the local commercial notes as you'll be 150-200 bps (1.5-2.00% rate) less than DSCR rental products (gross income / PITIA  or principal/interest/taxes/insurance/assessments type stuff).The ratio of residential use versus your offices will affect the appetite of which local lender/community banks will take this on as well because apartments are seen as traditionally more stable income flows so they'll want a predominant portion of the income to be come stable residential sources with the remaining proportion to be from office/retail.

@Robert Kough besides marketing as a traditional vacation rental you could also market to corporate travelers/travel nurses, etc. as well to supplement any downtime you may have.

If someone truly wants to do a long stay; we will do a traditional lease with full month’s deposit up front.

I am referring to traditionally built homes with basement/slab/crawl space foundation that were just built small 400 - 600 sq ft.