Tell him there is a termination fee, but you'll waive it if he shows a copy of the death certificate.That's what I would normally do, but it depends on how long he's been a tenant, how good he was, and other factors.

That being said, when it comes to housing prices nationally and locally, there are many factors besides inflation to consider besides just property values.

I  was thinking about and about to start working on becoming a real estate agent, but  also I cannot drive because I simple never learn.

Make sure to have thorough inspections done and factor in extra reserves just in case.

@Matthew Lamoreaux I think if you can find a rental, long-term or short-term, that cash flows well in today's market then this should be a factor that should be viewed as icing on the cake and should be used as a potential solidifier of a deal.

They ask open ended questions that spur thoughts for the OP which drive them to the right answer. 

Just the other weekend, I was driving around to get familiar with the local market for an open house I was hosting the next day.

This would be assuming you find a good deal where you can drive a lot of value through the rehab process.

I've included an example below to help illustrate this.So different lenders have different rates (which do vary even for DSCR loans) but these are factors they all consider.See example below:DSCR < 1Principal + Interest = $1,700Taxes = $350, Insurance = $100, Association Dues = $50Total PITIA = $2200Rent = $2000DSCR = Rent/PITIA = 2000/2200 = 0.91Since the DSCR is 0.91, we know the expenses are greater than the income of the property.DSCR >1Principal + Interest = $1,500Taxes = $250, Insurance = $100, Association Dues = $25Total PITIA = $1875 Rent = $2300DSCR = Rent/PITIA = 2300/1875 = 1.23If a purchase, you also generally need reserves / savings to show you have 3-6 month payments of PITIA (principal / interest (mortgage payment), property taxes and insurance and HOA (if applicable).

It also sounds like this is a newer venture for you so unless you have a key partner with experience banks will also factor that into their loans.