I am based in Edmonton, Alberta.

Communication is highly important to me as well. 

If you do choose to invest out of state, the best advice I could give you based on what I have observed running a local real estate group here for over a decade is build your own team.

I am looking to buy a multifamily property that primarily has studio apartments.

@Mark Sullivan I'm based out of Rhode Island so not sure if my providers lend where you are located.Biggest thing here, I would look for a portfolio lender.

It is more expensive to buy rental/investment properties vs a primary residence (primarily because of interest rates). 

There was no communication that was truthful.

So I would suggest keeping your STR property geographically close and doing as much as possible to keep your profit% high as possible.As far as the actual house you use, I would just say - be honest, be fair and strive for the best area, most amenities, cleanest house, best communication, and any other extras you can get.

DSCR loans are based off of down payment, credit score and either actual or market rents so it helps to supercharge an investor's real estate goals and net worth.

I am probably the guy you want to talk to as I am a Realtor here in Colorado Springs who primarily works with investors, many of those who flip properties.