They have money, but their credit score is in the toilet.

The pics online of Tulum look incredible.

In our opinion, Class C tenants have FICO scores from 560 to 620 - where their chance of default/nonpayment is 15-22%.

In PA because its is so $ss backward and tough to do I would think if you put the time in you probably score some decent deals.. but holy cow.. there are just easier places to work than there. 

It's awesome to hear that you're growing and learning more every day, thanks to the incredible support and shared wisdom here.

On a max LTV what is the typical DTI and required credit score?

The 2- 4 unit builders are never, ever DSCR constrained, in fact I've seen some incredible DSCR numbers when pricing 2 - 4 unit refis. 

We've seen some pretty incredible deals here in multifamily, especially with cash offers. 

Agree with @Gorden Lopes - you will not find the 1% rule for A/B properties in Huntsville/Madison right now unless you score a unicorn of a deal, or put up an enormous down payment to force cash flow.Even C properties right now are not easily 1% rule applicable.  

I live in Miami, FL and don't want to buy here since prices are incredibly high.I want to invest in growing communities, not exactly sure if I want to buy an AirBnb as my first out-of-state investment or 3-6 month short term, or a 1 year+ property.