You could also offer to cover part of their tax liability through negotiation or encourage them to convert the property into their primary residence to use the IRS exclusion for up to $250K/$500K in gains.

(If you made an offer on a 20 year old home with a 20 year old HVaC and the inspector says it only has 5 years left.

They taught me how to professionally engage the brokers and sellers and submit all-cash offers using THEIR cash. 

Another downside is you loose on the advantages, of the Federal Tax Code, by not closing in the name of a LLC/ LLC taxed as an S Corp, or an S Corp.If you want to close in the name of a LLC/ LLC taxed as an S Corp, or an S Corp, Mortgage Lenders will offer you Commercial Loan Terms (25-30% down, a 15-25 year amortization, and a ballon due in 5-7 years).

On market & offered asking price How did you finance this deal?

I fire off offers all day long for clients.

You also want to know if the Bank/Lender offers a less than 1.00 DSCR option in case the rent schedule comes in light. 

The pay stubs can be hard copies or digital PDFs generated directly by your employer and sent via email; we cannot accept screen captures to verify income.Once your completed application materials have been received and it appears that you would meet our qualifying criteria, we would send you a link to perform a credit/criminal background check (this minor expense would be yours), and if those results come back acceptable, we would offer to proceed.

Your best bet is to keep liquid cash and avoid PMI.What conventional loan/lender is offering less than 20% down and no PMI? 

Each one offers its own set of opportunities for appreciation and cash flow.