I don't know what the issue is/was, but I think a lot of customers want to play games and he probably did his best to keep them on the straight and narrow. 

He is based in Indianapolis and works with a ton of OOS investors.

Run your numbers based on youre required return given what youre likely to have to spend and the amount of headache, risk, and work you have to do.

You need to remember that, hopefully, this is a long-term play for you, so work with a trusted STR designer (I have great recommendations), and spend the money upfront so you can be the most successful in your area.

I don't get the term "DSCR loan"   I mean all loans for 5+ units are based more on the property than the buyer.     

It's a GA LLC, but we're based out of CA. 

So ya-see Jimmy, that's how we have a FACT-BASED conversation on "I can land 1%+ deals no problem"........

I love that you’re already narrowing down specific zip codes and doing your due diligence.I’ve heard good things about 73170 and 73135, especially with the proximity to Tinker Air Force Base, which tends to attract stable tenants.

There are to many variables in play.  

I am based in Virginia and licensing requirements here seem manageable.