I was planning on using it as a typical long term rental but it's size and location would give me other options if needed. 

Typically 1k and up depending on property value and competition for taking it off market.

I have flipped four houses to date and typically look for properties that guarantee a healthy margin.

It does sounds unusual since tax transcripts aren't typically required for DSCR loans.

@Alex Breshears @Shiloh Lundahl what are typically the requirements for these types of loans ?

Turning a single-family home into a room-by-room rental strategy really paid off, especially in a neighborhood like Portage Park where whole apartments typically rent for less.The demand for month-to-month flexibility is growing, especially in cities like Chicago, where people might need shorter-term housing due to job relocations, school, or other temporary situations.

@Zachary WurtzThey will typically pay as you go - meaning let’s say it’s a $100k to renovate- they will give you $25k when x is complete and 25k when y is completeSome may provide the entire amount but you will be paying interest on that amount during the entire time and have 12 months to pay it off

Economists note that job growth in typically underreported industries fell by 42,000 compared to the 6-month average, suggesting August’s numbers may understate actual gains.Key Employment GainsConstruction: +34,000 jobs, driven by heavy civil engineering and nonresidential trade contractors.Healthcare: +31,000 jobs, though slower than the past year's monthly average of 60,000.Social Assistance: +13,000 jobs, with more modest growth compared to previous months.Other growing sectors include financial activities, wholesale trade, and government (+24,000 jobs).Job Losses and Sector StrugglesManufacturing: -24,000 jobs.Retail: -11,100 jobs.Temporary help employment continues to shrink, reflecting business uncertainty.Wage and Fed Policy ImplicationsWages rose by 0.4% in August, up 3.8% year-over-year, supporting a cautious approach by the Federal Reserve on deeper rate cuts.

I don't know what your expectation is, but I live in Cincinnati, which is typically considered a "cash flow market".  

Typically if you put 25% down you do get better rate assuming you have a 760 or better fico.