If it's not clear what I am asking, please let me know and I will try to clarify.Here's additional info about our situation.Operators: 2 member LLC. 

Additionally, you won't have to rely on another party to stick to a timeline, so the project can be completed as quickly as you can make it happen. 

Either way pay off your debt quickly and build equity in the property with value added ideas - curb appeal, bedroom additions, rehabs, paint & paper and etc. 

DSCR is a great tool for the situation where conventional does not make sense or cannot be done, but it is more expensive money with additional terms and conditions (i.e. pre-payment penalties).

Dan is right, OOS is hard and you will face an additional cost burden local investors don't have.

Hi Stephen, It is getting a bit more complicated these days - the Housing Stability and Tenant Protection Act of 2019 removed many incentives for buy-outs, but sometimes being creative with the solution is worth checking out in addition to buyouts.

These are professionals with additional training and a stricter code of ethics.

That left $330,000 of additional cost I viewed as the "at risk capital" although equipment carries value, even depreciated and therefore this risk capital is using a conservative approach.Our willingness to cover all expenses attracted several highly qualified restaurateurs.

Even if appreciation is slower, you can buy sooner, learn faster, and reinvest cash flow into additional properties.

Additionally, I’ve found it beneficial to use lockboxes with combination codes that can be easily changed between tenants or service visits.