While a condo comes with unique considerations as compared to a SFH or townhouse I would think more manageable than a multifamily for first purchase.

I have NEVER finished a basement but have had houses with finished basements done by prior owners.In the south basements and slabs are the norm as well as areas with high water tables. 

We'd appreciate any recommendations or prior experiences with companies which do this, rough cost, and any other useful information.Great thread here that provides a lot of feedback on how to evaluate which type of cost seg to get and more https://www.biggerpockets.com/forums/51/topics/1258422-cost-...  

Some will not apply because she moved in prior to this year.  

We really like the idea of being in a mountain/cabin area, but I worry about being able to find vendors (cleaning, repairs, etc.) as there doesn't seem to be too many STR's in this area to compare to. 

Her cost prior to me working on it to furnish a 3/3 including $2,800 of polywood outdoor furniture was $28k. 

These are heavily inflated compared to FICO 2, 4, and 5.

It's not prior depreciation.

Ask if they’ll underwrite to global cash flow with add-backs (depreciation, one-time repairs) and accept business debt staying in the company.Packaging matters: Present clean leases, Form 1007 rent schedule, current P&Ls, and a short memo explaining add-backs + why prior denials were income-based, not asset-based.Tighten DSCR: Raise rents where feasible, shift utilities (RUBS), cut non-essential spend before appraisal, and ensure the unit(s) used for comp rent are on market terms.Fallbacks: Bank-statement loans, cross-collateralizing another rental, or partial payoff to reduce the cash-out needed.I hope this helps! 

Leverage magnifies return.3) The effort involved in adding an ADU is comparable or larger than a rehab associated with a BRRRR.