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 = $350Insurance = $100Association 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 = $250Insurance = $100Association Dues = $25Total PITIA = $1875Rent = $2300DSCR = Rent/PITIA = 2300/1875 = 1.23Lender terms and fees vary widely.

@James Masotti,I think you illustrate, well, why knowing the area in which you invest is so important. 

There is an interesting you tub vid called Oregon rent control illustrated. 

Here is an interesting paragraph from another article - http://palawblog.stark-stark.com/2011/03/articles/...To illustrate how a tenancy by the entireties benefits creditors, the 2005 Pennsylvania Supreme Court case of Regions Mortgage, Inc. v.

For illustrative purposes ( I don't know what the annual fees are in NY), if it costs $2k/yr to maintain a license (MLS, E&O Insurance, other fees, etc.) and you intend to buy properties that will generate commissions of 3k/ purchase (3% of 100k) then it may pay for itself. 

My suggestion is to create one or more sample (or actual) Investment Analysis to illustrate how a deal will make a strong investment for this lender.

Meanwhile, the inventory of completed new homes available for sale is down a massive 50.7% over the same period, illustrating just how strong demand was in 2020.

That last paragraph may be off topic, but to me it illustrates the murkiness of the ethics card the banks are playing.

Once you actually start your business, all your expenses prior to the start of your business would go into "startup costs" and be amortized.For illustration purposes: "I want to go into business to develop a travel app, and therefore I would expense my world travels against my earned income as that constitutes research and development for my business".

Let me illustrate with an example.One property I looked at is 105k.