Without a large down payment, cash flow can be tough to find with a traditional rental right now. 

@Christian StylesAll great options!

very little will cash flow right now on a traditional long term basis. 

The benefit of the rooming house is that rooming houses cashflow more than traditional rentals (i.e., squeeze more tenants into smaller spaces).4.

With quicker transactions and less market saturation than traditional real estate, this niche offers unique growth opportunities.

May has traditionally been a slow month prior to Covid.  

Scott Trilling with IU Credit Union is also a great resource and may be able to offer better rates than traditional DSCR lenders, depending on your situation. 

Quote from @Christian Styles: Hey Alex, I met Dustin Heiner this year from Master Passive Income and he was great to talk to!

We are active in Waveland, Bay St Louis, Pass Christian, Long Beach, Ocean Springs, Gautier, Pascagoula, and Moss Point (and possibly other water front towns near these locations).As I'm sure most are, I would be interested in speaking with other investors in the area, and would even possibly be open to the idea of partnering for a property or two with the right individual/team. 

Income is a basic requirement for any kind of Conventional/traditional loan.As far as rates, pretty much any 30yr residential investment property mortgage anywhere near par at 85% LTV is going to be north of 7%.