Hail is the big culprit, tornadoes to a lesser degree. 

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).

The quality of available tenant varies drastically depending on the neighborhood.

PPR was like my real world masters degree in raising capital, marketing, real estate and note investing, small business and fund management.

We manage between 80 and 100 listings it varies winter to summer but the processing of manually Remitting and paying out the property taxes takes much longer than 10 min.

Experiences will vary significantly based upon location.

Quality and risk in Cleveland and Akron neighborhoods will vary widely.

The cost to buy a laundromat can vary widely depending on the size, location, condition of the equipment, and goodwill.

I will say this varies tremendously by markets, in Cleveland for example we have lots of A/B properties well over 20 years; some of our highest end rentals are in "historic districts".

I am a current Senior at Catholic University of America playing Baseball and finishing up ny accounting degree.