I wish I would have stuck to simply multifamily but everyone has a strategy. 

Focus on this strategy rather than simply seeking the lowest-priced property you can find.

We simply wanted to keep it and turn in into asset (long term).

Many loan officers who work primarily in the owner occupied space will try to argue that DSCR is more expensive and have higher rates, but that is simply not true in most cases. 

They are simply more sophisticated and have greater resources to conduct more thorough diligence. 

Green is good yellow needs to be looked at and Red is there is something wrong.. you simply walk in and pick up a copy of it on the counter..

You can normally work smarter not harder simply by investing in better real estate.The last thing I will add is the notion of cash flow and BRRRR being dual objectives.

STRs in their current form are simply big hotels, and legislation has been slow to catch up because in their original form they were more conducive to residence (someone crashing on your couch for $39/night).  

This would include money normally budgeted for a traditional loan payment + money simply not needed (positive cash-flow).  

You can simply offer a higher sale price to do that. 3.