What your experience illustrates is that the strategy should follow the opportunity and not the other way around. 

(I now use that story as an illustration to new tenants about the importance of reporting maintenance items in a timely manner.)

My examples are made up, feel free to change them if it better illustrates the answer.Easy links for possible sources:§ 1.167(a)-11 - Placed into service definition - e(1)(i)§ 1.263A-1 - Capitalization of real property§ 1.263(a)-1 De mimimis safe harbor (DMSH)§ 1.263(a)-2 - Treatment of tangible propertyIRS Tangible property and DMSH FAQThank you in advance!!

This is likely the exception but illustrates a few points:-You need to find out why it's been on the market for a long time;-Some homes on the MLS are listed so poorly that they're doomed from the start;-Sometimes you have to go the extra distance when others might be deterred;-keep an open mind when looking at properties that generally meet your criteria but have a bad MLS picture, high days on market, or other "flags", you usually have nothing to lose by digging a little further and you might get lucky where others just see a flag and immediately move on.

The result will be rising prices and rents.The chart below illustrates the annual rent increase rate by year.

 :) @Ray Thorsen You're right it's definitely a lower cost of entry for smaller cabins, though competition is fierce as illustrated above.  

This is not a "best case scenario" that I'm illustrating, this is happening right now! 

If they will do a loan with less than 1, the pricing takes a hit.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 = 1.23DSCR lenders generally let you vest either individually or as an LLC.

The longer the term, the less of an impact on the rate.I've included an example below to help illustrate this.

As you retain investments, your equity position increases via: Paying down the mortgage, Market-driven appreciation, Value addition through property improvements.Let's illustrate this with a scenario: An initial investment on a $100,000 property generates a 20% COC return annually.