Here's a bit more in detail about how rates are calculated for DSCR loans:1.

Pittsburgh's current population is 302,000 (US census estimates 2024) whereas in 1950 it was 676,000. 

I'm not getting across Scott's theory very well, but the book explains it very well in detail. 

Also AirDNA is a snapshot of estimated T12. 

Most small businesses fail, and he goes into great detail on how you can avoid becoming a casualty. 

Thank you for the detailed response Nathan.

A major challenge for me (and, I understand, for many new investors) is estimating the price of renos needed, which of course makes it difficult to know what's a reasonable price to offer!

All I can say is I’ve seen it time and time again, accuracy in your estimates, detail in your work, and anticipating future costs/market changes and building contingencies in your budgets may cost you some deals but will save your investments. 

You will get a more accurate response if you provide all the details in your post such as1.

. - Expect rehab costs to exceed initial estimates (maybe double)!