I estimate construction costs, create plan sheets, and project manage for my every day job.

It might as well be a 12-month lease, in the eyes of the city.

It would be even better if we could get it zoned to rent out the house as a 3/2 and separately rent out the ADU as a 1/1.If anyone that sees this has done something like this in Columbus, we would love to get any info on how the process went, how much did the permits and inspections cost, etc.Also, if anyone knows whether or not we could even rent out an ADU through sec-8 that would also be helpful, as we will definitely consider using sec-8 to rent out the property if it can get us higher rents.We are going to be contacting the city's zoning dept right away to verify with them that this would even be allowed at this address, and to try and get a rough estimate of how much permits etc will cost us.

But this past 12 months, I had 3 incidents at the same house, because it was vacant for many months awaiting repairs and inspections.

And while the borrower doesn’t have to come to closing with this money (it’s rolled into the loan) it’s still there – making an FHA loan have higher costs and higher APRs because of it.Are there any other differences between Fannie Mae and FHA?

Hi Everyone, I am purchasing my first SFH, and I plan to live there for a year and share 2 rooms with 2 other tenants, to reduce the cost.

That's fine, but it seems like it would overestimate costs for a high rent/higher # units property, and underestimate costs for duplexes and lower rents coming in... 

Expenses - Insurance at $50 per month looks low. 

I currently own a property under a USDA loan, which has $100k in equity and generates $250 a month in cash flow from rent.

If I'm understanding you correctly, you wanted a loan for 100% LTV at $625k with a 25yr amortization and a $2,500/month payment?