@Vince Nguyen Yes you can absolutely do that, but there are lender specific guidelines you have to meet. 

I'm excited to start this adventure and ready to meet the challenges. 

We still had the meeting and filled all the paperwork out though so it's worth a shot

Joining Bigger Pockets hoping to accelerate my learning process and meet like minded individuals.

My last one i requested a call so i could meet him at the site.  

There really isn't a market that meets the 1% rule.

@Caroline Gerardo  @Thomas LebensCaroline - From the info you are providing, it just sounds like I just have a broader list of DSCR wholesalers at my disposal that offer better terms than those you are using.Thomas - The bottom line is that you can definitely use a DSCR loan to meet your needs and achieve your investing goals.Have a GREAT weekend!!

Self-managing the STR has some great tax benefits if you meet IRS requirements.  

As long as you specify the bank name, address, and interest rate in the lease, you're meeting the legal requirements.To avoid the hassle of having to have the tenant sign the lease twice, you can simply leave the account number blank in the lease and note that the deposit will be held in a specific account at a designated bank.

My main concern is whether it's hard to meet their criteria for properties and secure funding.