And while it has it's challenges, I love this area for long term rentals.

Over time, you’ll build a more accurate dataset tailored to your portfolio.Hope this helps—getting these numbers right is an ongoing process, and you’re asking all the right questions to set yourself up for success!

Now after long term tenant it needs new carpet/flooring, paint, bath vanity.

Looking forward to hearing more from you and your success. 

Having a solid GC to lean one as you start your first BRRRR project is going to be crucial to your success.

The plan is to purchase a new home & keep current as a long term rental.

Successful flip?

A short-term rental with a stay of 7 days or less + Material participation =also non passive.

It has a text capability.With that said, I'm spending a lot of time in Twilio right now as I see huge upside coming in that platform.You could be up and running with Podio & Globiflow for text within a very short time.

Nonetheless, you can base the DSCR calculation on PadSplit rent (if there's a history of PadSplit income being produced) or short-mid-term market rent (an analysis done at the same time of appraisal).