Hey @Zack Rosenbaum,That's high but it also depends on what style of building it is, square footage, whether all units have two means of egress, etc.  

What you can borrow depends on the strength of the deal and your qualifications as a buyer.

Also, depending on your STR’s location and your budget, there are companies specializing in remote staging and setup, like STR Launch.

Lots of variables involved and depends on your personal situation of course.  

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).

As for MTR in the winter, depends on the market. 

You will have to depend on them for this knowledge. 

I’m sure they aren’t advisable on larger projects but depending on the project size and complexity, they worked great for me. ~$650 for the study. 

Yes, it may go by the income approach but depending on your area, the comp approach may also be factored in. 

However, the specific comps can vary and its hard to make it a perfect apples to apples comparison.