See Nobel prize winner and associate  quote....Gunner Myrdal, an architect of Sweden’s welfare state who was given the Nobel Prize in economics as the left-wing balance to his co-winner FA Hayek:  Myrdal stated, “Rent control has in certain Western countries constituted, maybe, the worst example of poor planning by governments lacking courage and vision.”3 His fellow Swedish economist (and socialist) Assar Lindbeck asserted, “In many cases rent control appears to be the most efficient technique presently known to destroy a city—except for bombing.”Seattle is a prime example.

Having said all that, when you and your membership get above 4 (or 10 depending on the current rules) Fannie Mae loans, it makes sense to get LOCs against rentals because you can't get government subsidized long term money.

DSCR is primarily used if you've capped your 10 eligible government backed loans. 

Also the constant in and out of different families probably wears the property much faster than usual, there is much more liability with constantly changing  tenants, and many locals governments are creating ordinances against them.

  #1 employer is the state government with the capital here, and the #2 employer is the Federal government with 3 military bases. 

Maybe they're tired of investing in real estate and would rather put their money elsewhere. 30 years of tax deferral lets you hold onto the government's money for 30 years.

So, the government is providing a solution to something to which there is no problem.  

There is no personal loan for non owner.Loans are organized like this for non owners:1-4 can be a conventional or government backed or DSCR or bank statement loan- lots of variety in products.

Unless there is some government intervention on government backed mortgage programs I don't see rates going back to 4% range. 

I hope this post didn't' scare you to much no it's not spam, I don't work for Fund and grow and I don't work for the government. :-)