DSCR lenders will close in an entity, allowing more protection for you, and the industry has become super competitive compared to conventional.

With that comes much more competition, particularly from larger, more established RE investment companies and funds.

There is no need to partner with anyone unless you are lacking something.   

circumstances.. education.. personality .. innate abilities.. lack of understanding basic math..desire .. drive.. familial pressures..  

But I also know the market here is very competitive, and the medium home value is very high.

However, I do not plan on investing in this area due to hurdles of entry such as expensive product and high competition.

I felt these rates were highly competitive for a DSCR loan and have been happy with the quick responses from my representative/loan specialist.

I would recommend networking with both your community and even your local competition. 

Also - presuming you paid more for the property than was owed on the mortgage due to competition on the auction (several presumptions there) - the previous owners are entitled to those excess funds from the court - which gives them a resource to be able to afford our rental rates. 

If you cannot yet refinance due to LTV or lack of 6 months title seasoning you can explain in detail.