Also, for these loan types, typical down payment would be 20-25% down.

Estate plan and advisory services or you want an attorney for drafting documents?  

. ;-)True story, I was dealing with Quality Loan Service as Trustee and negotiated a postponement and they wanted hard copy paperwork, wet ink, delivered to them. 

It wouldn't let me tag him on here. https://www.biggerpockets.com/forums/12/topics/1173593-begin...Class A Properties:Cashflow vs Appreciation: Typically, 3-5 years for positive cashflow, but you get highest relative rent & value appreciation.Vacancy Est: Historically 10%, 5% the more recent norm.Tenant Pool: Majority will have FICO scores of 680+, zero evictions in last 7 years.Class B Properties:Cashflow vs Appreciation: Typically, decent amount of relative rent & value appreciation.Vacancy Est: Historically 10%, 5% should be applied only if proper research done to support.Tenant Pool: Majority will have FICO scores of 620-680, some blemishes, but should have no evictions in last 5 yearsClass C Properties:Cashflow vs Appreciation: Typically, high cashflow and at the lower end of relative rent & value appreciation.

We also host meetups about every 2-3 months in Norfolk that typically has 40-60 people show up every time, and would love to expand that number so everyone has the opportunity to network with their potential next business partner.

A DSCR loan (Debt Service Coverage Ratio) type loan would look at the rental income and expenses and determine the amount it could lend based on that.

Who is responsible for the servicing costs and other costs.

I can see him waving the builder fee and providing free PM services as valuable.

Personally I work in the lending business and would love to inform you on my experience based up on what my clients typically go for.

I typically have a responsible executive of the company (President, CEO, CFO, etc.) fill out the application and get approved.