You are a mark for the gurus when you talk like that so be careful.

Conventional financing doesn’t allow you to close in an LLC, so if this is a must, DSCR is a good option.

I have come across his youtube videos in the past and did not care for the advice.

Quote from @Jim Reynante: After owning properties C/D neighborhoods with high crime statistics, I have experienced all of the things that go along with it: 1) High turnover rate; 2) Tenants that don't care for the property; 3) Little/No appreciation in home value; and 4) High Crime Rate (burglary, vandalism).I am pretty tired of fixing broken windows, fixing broken doors/locks, and painting over graffiti.

I personally don't care all that much.

Awesome, STR investing works well here provided that you have a great location and take great care of your property. 

They have nothing to lose, its like giving someone a free ticket to the football game, if they go great if they do not who cares they just do not go and there is no consequences for them. 

@Sebastian Tamburro you're going to get advice/offers from numerous people trying to profit off you - be careful!

I was pre-approved for a conventional mortgage with a 3 % down payment 2.75 Interest Rate.

Did you know that you can acquire your a primary residence from up to 1-4 units for as low as 5% with conventional.