Uruguay which I’m in the middle of checking out has a 11 year income tax waiver.  

There is a range of DSCR lender underwriting policies for "1st time investors" - some don't allow it, some do with no restrictions, and some in the middle (typically cut max LTV by 5% or so and restrict against anything over 4 units)Also - check out these BiggerPockets articles for a ton of info about DSCR loans:DSCR Loans: What Are They And How To Get The Best Termshttps://www.biggerpockets.com/...DSCR Loans: How To Use Pro Strategies To Save More And Make Morehttps://www.biggerpockets.com/...Multifamily DSCR Loans: A New High-Impact Loan Option For Real Estate Investors?

And getting in the middle of a domestic situation is a good way to end up dead.

During the month of November, 4 units, pretty much all my problem tenants, picked up in the middle of their lease terms and vacated after failing to pay November rent.

Our thought process, is that we should purchase a property in the villages or very close by as this is a very good middle ground for the said areas above.

We own a complete eye sore in the middle of the CBD and he said if we can fix it up and make it glitzy and nice it would certainly help our case.

I've seen everything from a lender using the highest middle mortgage FICO score of the LLC members (as long as the guarantor owns at least 20% of the LLC).

Then just work to the middle.

If it's tight or you're uncomfortable with the tenant you have in there from a confidence perspective, especially if this is a first deal, maybe meet in the middle and get a lender at 75% or 77% (doesn't HAVE to be at 5% increments) that wont make you season, and leave a bit more money in the deal, but sleep better.Overall, if I cash flow well, have/keep reserves, and am comfortable I fixed everything in the house, I like to max out the LTV on refi.

Institutional / Middle Market Borrowers (No In-House Capital Markets Team): On the flip side , we work with some institutional / middle market borrowers that do not have in-house, dedicated capital markets debt teams.