It needs to be intrinsic for a DSCR loan to qualify, or they penalize you with an excess add on fee and/or rate. .Secondly, an IO really only make sense if you're investing in a short-term duration. 

FHA is tough on a few things like "Chipped paint" any signs of chipped paint will stop financing and need to be addressed (Painted), Loose or missing hand railings, Water damage, Mold, Termites, Outdated electrical or any wiring that is exposed.FHA will also stop you dead in your tracks if the appraisal shows anything that is considered a "hazard or safety issue" and must be fixed.

It does suck loosing a months rent, but if it gets you a better tenant, you'll be much happier. 

You can’t loose!

Our wide-open buy box and fast and loose acquisition model also meant we were not satisfied with buying and flipping standard, traditional properties.

So I throw into the offer contingent on an inspection, clear title , repair cost in excess of $50k and disclosure statement .

We have gone from essentially no retirement, to excess funds while also producing generational wealth for our girls.Your best deals will be found off-market, so partner up with a few realtors in your area.

If you can not find coverage in the standard market, there are excess (specialty) markets that write Group Homes.  

A current tenant has damaged the rental property beyond the normal wear & tear. (3 by 6-foot hole in dry wall; Garage access door complete broken off with damage door frame, the main entrance door way frame is bro...

@Julie McCoy Def makes sense for managers to charge more for str’s but 50 % just seems excessive to me ...