They are also hard on your properties and require extensive repairs.

If the house is scheduled for tear down that implies the repairs etc are extensive. 1.

Once you have a shortlist, sign up for an account with each one and test them extensively to see how they function.

I have seen banks sell a house in Detroit for instance for 8k and broker charged 5k.. 

So Basically I am with you guys @V.G Jason best way to get to a point to live on rental cash flow is to absolutely keep your day job .Now some folks pull it off in the less expensive markets of the country were cost to acquire is in many instances less than 50k a door cost of living is much less than other areas and they are as stated  extremely frugal.  

Once you have a shortlist, sign up for an account with each one and test them extensively to see how they function.

Yup DSCR loans easy to get into hard to get out and a disaster if you miss any payments or have other DSCR issues along the way you jeopardize your entire portfolio.. use those with extreme caution and make sure if you dont understand it all, this is one of the few instances I think U need to have an attorney review and explain all the Covenants of these loans and what they mean.

  $15/sqft under roof instead of $10, for instance. 

I'm still finding some solid BRRRR opportunities in the Cleveland market, but Vadim is right that you need to find a property that is priced under value without extension repairs needed, hopefully only cosmetic stuff, but they're still out there!

I personally love rent to own because the landlording is not as extensive as normal rental property.