To support some of the challenges some residents may have that feel they conserve while others don't, you can also take the # of occupants and the square footage and come out w/a higher ratio for larger units w/more people.  

Full renovation in 2023 and re-leased at higher rate.

I bought sight unseen out of state (Indianapolis) - I don't recommend this but I do know experienced investors who buy OOS and never see the property in person but they have a  higher risk tolerance than me. 

In my example, you are insured to replace the HIGHER quality product what was in the house before it was damaged.

An alternative could also be to have them pay a higher deposit.

DSCR offers (2) options LPC and BPC Lender paid means you are not going to pay much if any points but get the higher rate.

My estimates were much higher.

Turns out the Listing Agent put tenants in herself.3) I found out 3 days before close that Comparable rents came back too low, despite the Listing Agent having put tenants in for higher rent (an interesting positive from that situation), but the Lender couldn't use her contracts. 

You'll either need to put more money down, or accept the reality that high leverage creates a higher debt service payment.

Or they may want a higher down payment and not care as much about monthly terms and overall price.