I have found this process eliminates all the bad eggs before you even get to the interview.

You could do 5% down Fannie Mae program and quitclaim into LLC but the debt with still report to personal credit.DSCR is the way to go.

So you eliminate the properties that make no sense for whatever reason and end up with a still OK list.- you start your research doing comps, maybe talking to neighbors, trying to see the inside, etc. 

A private investor will want to see a few successful deals before taking out large sums as a debt loan.

It really comes down to your comfort level with debt and your long-term strategy.

"Fixed rate debt or floating rate, what is your preference?"

Eliminate debt, establish a budget, and save.

Without knowing your age, I like the idea of pushing additional savings into good, no load index funds (I like Vanguard's S&P index but there are plenty of others) through a Roth if you're young enough, leave the rental portfolio as is and pay the debt down to nothing, since you're not inclined to really work at growing that end of it. 

"If the borrower(s) provides written evidence that the student loan debt will be deferred at least 12 months beyond the date of closing, a monthly payment does not need to be considered.

Purchase price: $925,000 Cash invested: $200,000 13 Unit Multifamily property in the Waveland neighborhood of Des Moines, Iowa. pre-acquisition: 7% under MR and 15% vacancy/bad debt.