The difference between interest rates on a conventional loan and a DSCR loan can be significant and cut into your cash flow.

The investors for conventional loans (Fannie & Freddie) layer on to the pricing (i.e., rate and points options) for condos.

Considering I don't have the time to get off-market deals, I am not expecting amazing cash flow, maybe $100-200 per unit.With this strategy wouldn't I quickly stop qualifying for a conventional mortgage?

In Chicago, the commercial and multi family brokers talk about how it's a tax assessment year and we should see prices go down and inventory go up.

Next up is inventory, tech job losses and property taxes.My bet is that as rates go down buyers will jump back in the market in a big way.

I accepted a conventional loan.

There is a conventional renovation product if you qualify for it. 

Factor in property taxes, insurance costs, and maintenance expenditures to ensure your investment aligns with your financial goals.Take Advantage of Financing Options: Explore FHA loans for owner-occupied properties or conventional financing options tailored to multifamily investments.

Example with conventional I have 20% down, if the refi requires 30% to stay in then the extra 10% is limiting.Rents in the areas I am looking come in on average $2000 mo. for a place costing $250k.

Unsold properties went on the Alabama Department of Revenue inventory, where they could be purchased over the counter.