There are lenders who will do DSCR loans down to .8 but that has to be for a property you are going to rehab.  1.25 is typically normal but I would look at the property being a higher ration as you need to make a Profit.

Curious how you were able to rationalize the investment and Airbnb strategy in that location.

Latest gig is as an IT architect -- helping customers with app rationalization and moving their workloads from on-prem to the cloud. 

Some of this may not come as a surprise to you but it sure did for me. 1) Banks want your Debt to Income ration Lower than 43% 2) Banks look at already owned rental property as more money than you actually have.

Combining FHA, a large seller credit, lender credit and tax pro-rations we were able to bring less than $6k to closing on a 380k purchase price.

I feel strongly about intelligent, rational decisions.

You can rationalize about how it is good for her but your reasons are not based in fact.

.* For your questions about which market to target, price to rent ration, rehab cost estimate, ....

If you do a cash out refi, most banks only do 75% loan to value ration.

The problem with young dudes is they don't understand that 5% is a good conservative number, for appreciation, cash flow,interest-rate, cap rate, etc.the young dude doesn't have patience because they see their friend in tech make millions like there's no tomorrow, even conservative banking like jp morgan is advising the mass to invest in crypto and stuff like that. we definitely live in strange times where aggressiveness and abnormality are the new normal.it's good the grandpa powell slap their face and saying be rational guys.