The DSCR program "Must use the lesser of the two either common rent from the appraiser 1007 rent schedule form on the appraisal or the lease".You also have to factor in the taxes and insurance because a guesstimate or ball park can kill the approval. 

Of course, with lower down payment you could play ball.  

I have spoke with Ball point marketing on getting an off market list of multi family properties in 20+ zip codes in maryland but they came back with only one property in my criteria?

@Dean Malka 10k for average kitchen and 5k for average bathroom Flooring is $4 a square foot for LVP HVAC $5k Electrical panel $2k.This is all ball park.

Investment Info:

Other commercial investment investment in San Diego.

Purchase price: $1,900,000

Cash invested: $750,000

12 bedroom, 12 1/2 bath, home built in 1905 that was previously a rooming/boar...

It was listed on Zillow for $110k and we made a low ball offer at $90k, ended up getting under contract for $95k.

Nobody has a crystal ball or knows what the future holds.

We are living in the Golden era of wine right now - never before has there been so much good inexpensive wines - but like golf there's just not enough users to demand all the supply. 

You can sidestep most of the headaches if you stick to these five golden rules:- Know Your Market Inside OutTake time to research neighborhoods, property values, and what buyers are looking for.

The under writing doesn't carry for a 1.25 DSCR which (at the moment) is the golden rule for banks and commercial hard money lenders.