Hey Nick I'm not in Austin but I know that there are local and state apartment associations down there that have great resources and networking opportunities.

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 = 1.23DSCR lenders generally let you vest either individually or as an LLC.

Request a copy of the CCR's from the HOA/Condo Association so you can read exactly what is or is not permitted. 

The down side is that they typically have higher interest rates due to the higher risk associated with investment and commercial properties and are property specific.

I will pass.( the LARGER the risk/ loan/cash/ time… the LARGER I require in likely return.)b) RENTAL …same INITIAL investment… at the end… property value ( ARV)..MUST be great enough to1) refi… 2) All cash out is back.. 3) Cash flows positive enough to build ( any situation) 6 month cash backup.4) Property MUST have enough equity so that if I needed to sell TODAY… I won’t lose cash.The above requirements “ appear” to be unrealistic ( todays market) … ONLY becausea) non mature / non savvy “ investors are climbing over each other to out bid on over priced “RETAIL” properties being marketed as “ wholesale deals”b) the Gurus and Real Estate Investor Associations are NOT doing their NUMBER ONE JOB… which SHOULD be…To..”

This is the best $50 you'll spend as a California landlord: https://store.nolo.com/products/nolos-california-landlord-bu...You can also join the California Apartment Association for training, forms, and even legal help.

Most states Realtor associations provide a standard residential lease suitable for your state.

HML cuts into the savings associated with the cash offer.  

You might want to join the American Association of Private Lenders.

This can be a good way to leverage your down payment and investment acumen while still meeting lender requirements.In any case, it's wise to thoroughly research and understand the terms and risks associated with any loan before committing.