Moreover, our loan covenants also have restrictions.

The biggest difference with DSCRs is usually 1) prepayment penalties 2) more points 3) an affidavit that you cannot occupy the property 4) covenants and agreements regarding the requirements and rights of the lender to protect/preserve the collateral that may be more aggressive than Conventional.

Quick thoughts on the markets you're considering:Knoxville, TN: Growing, affordable, and a strong university presence.Huntsville/Montgomery/Tuscaloosa, AL: Huntsville's got tech, while Montgomery and Tuscaloosa have colleges.Asheville, NC: Popular tourist spot, but competitive and pricey.Akron, OH: Affordable, but keep an eye on the local economy.Irving, TX: Part of DFW, so a big market, but prices are higher.St.

With only 4 rooms it wouldnt be worth it in my eyes. 

Just keep an eye on the bill and BPT search for leaks, running toilets, and faulty faucets.Good luck

Make sure you get trusted eyes on the foundation and have it inspected. 

There are a couple of things that caught my eye...$168.88 Simmons Premium Hybrid Memory Foam Mattress 10" - https://www.amazon.com/gp/product/B09PFJNFV4/ref=sw_img_1Could be a good mattress.

That will open your eyes to the process and scaling will make more sense from there.

Purchase price was like 75K.....after the replat it became worth 200K+........definitely caught my eye

Makes it even more important for owners to keep an eye on maintenance issues.