@Sam FaasTypically homes need major work and do not qualify for conventional financingAs noted they are typically overpriced.

H2 2022- fwd will be high debt and understanding how to operate in that environment is new to a lot of folks, but the chance to succeed and qualify your risk taking is absolutely there.Hold more reserves.

Being self employed then too, I would not qualify so I never started that way (and I was very young (like 23).

How does one go about making an offer on a commercial space that is becoming vacant shortly, such that if I cannot find a qualified tenant to fill the vacancy that I can walk away from the deal? 

You should consult with a qualified contractor to discuss options and costs for proper repairs.

I am looking to purchase a property that falls under the minimum limit for DSCR but qualifies for a conventional loan. 

Find out what you qualify for from a loan officer or credit union. 

Hello, You can purchase this as an investment property, using the DSCR program, where we simply qualify the property with out using tax returns, etc.

Now that you have a signed lease (assuming it's 12mo+) you can use that income on your taxes to help boost income to better qualify for a multi-unit.

Hey Bryce, You can use AirDNA rents to qualify for STR DSCR loans instead of showing 12 months of short term rental history.