I've included an example below to help illustrate this.So different lenders have different rates (which do vary even for DSCR loans) but these are factors they all consider.See example below:DSCR < 1Principal + Interest = $1,700Taxes = $350, Insurance = $100, Association Dues = $50Total PITIA = $2200Rent = $2000DSCR = Rent/PITIA = 2000/2200 = 0.91Since the DSCR is 0.91, we know the expenses are greater than the income of the property.DSCR >1Principal + Interest = $1,500Taxes = $250, Insurance = $100, Association Dues = $25Total PITIA = $1875 Rent = $2300DSCR = Rent/PITIA = 2300/1875 = 1.23If a purchase, you also generally need reserves / savings to show you have 3-6 month payments of PITIA (principal / interest (mortgage payment), property taxes and insurance and HOA (if applicable).

If you have a super high net worth or income, perhaps your reserves could be lower.

You can use Zillow and Rent cast to check rents to confirm.    

Partner with a friend to protect both interests, create an Operating Agreement, and focus on saving and preparing for the down payment and reserves.

Yep, it's doable assume you qualify. depends on FICO, DSCR 1.00+ and I'd plan for at least 6 months of reserves. 

I list it in airbnb and Furnished Finders, if they reserve from Airbnb all the instructions are given to them through Airbnb.

Your brother-in-law’s 10% ownership won’t affect your ability to claim this exclusion on your portion.Unfortunately, the option to roll proceeds into another property (like a 1031 exchange) only applies to investment properties, not personal residences.You’re likely eligible for the exclusion, but I recommend confirming with a Tennessee tax professional for any specific state tax issues and to verify your status with overseas residency.Let me know if you need more guidance on this or related financing!

Confirming ARV3.

I appreciate you confirming what I was seeing.Charles, I'm looking for 10-30 units at this point in time.

A Heloc can "Never" be used as a "liquid" or PITI reserve which is required to buy investment properties.