A home loan is made via the note with a Mortgage/DOT (depending on state) attached as the security instrument, which allows the home to serve as collateral if the note is not upheld.

All of this depends on your market having demand, of course. 

I find that depending on the market $300-500/mo are fairly normal and if compared to what you would pay with a single family home on some utilities, maintenance, and management, it's a good deal.

One of these restrictions is a cap on how much income we can require (max 2 or 2.5 times rent depending on the rental rate).

@Chris Clothier well saidthe answer is almost always "it depends"is your LP an opportunist or not, what's their risk profile, what returns are they looking for?

Please reach out if you are a lender or can connect me.5 Bed 2 Full Bath & 2 Half BathExisting Mortgage ~$550,000Home Value ~$1.1+ Mil Depending on the STR income generated from this property, you could do up to 75% LTV on a cash out refinance.

Not USD dependent, provides diversification.I have stated many times I like nasty properties or situations.  

I know depending on where an investor is in their fix and flip journey and the market this will vary, but Im curious because I feel like this is important when it comes to a good deal since some investors might not mind making less to have more doors. 

For example college rentals generate some of the highest ROI of properties I come across in New Jersey but it depends on the school and location of property.

We see DSCRs coming in at or under conventional, but it does depend on LTV etc etc.