Its more of a value added job than it is true investing.  

Long terms rentals will have repairs from time to time, but if it is a true emergency, you are going to be calling someone (eg plumber) to come in and fix something, so that is no different than your own home (minus the clean up). 

Be sure you are using a non Wholesale lender for the true DSCR experience.Cheers!

Isn’t that true? 

Spend $200 and sit down with a real estate attorney and get the scoop first hand on what is allowed and what isn't.This is true for California, Oregon and Washington.

Agreed - its generally a bit more challenging if its true "student housing" as rent-by-the-room is generally prohibited for DSCR. 

Seller shall provide such documents and information, representing them to be true and accurate, within _______calendar days after acceptance.

Trent, I'd love to understand how this is true.  

We have to keep in mind flippers have a bad reputation of doing the bare minimum and making loads of money (which we know isn't true).It would be hard for me to recommend remodeling it without spending more time on it.

Also, be cautious of anyone offering terms that seem too good to be true—there can be scams out there.