The vast majority of DSCR loans are structured as regular mortgages with the personal income/DTI replaced by the rental income from the property.

While a detailed log is often sufficient, adding additional documentation can strengthen your record. 

Real estate has a vast array of different strategies, instead of timing the market, consider your goals, what is available to you, and what makes sense both in the current market cycle, but also long-term.

Shasta to the north is also getting some development interest because of the ski area, proximity to vast amounts of wilderness with all kinds of recreation.

But, something to add that you have to understand is that a 3-4 unit has to be meet the FHA self sufficiency test.

I need to ensure that the rent-to price ratio will sufficiently cash flow as I intend to hold at least 5-years before acquiring any other real estate.  

I do well in this arena  but the vast majority dont have the skill set to navigate it. 

The pros to them are vast though, no cap on how many mortgages you hold, they don't show up on your credit report, the closings are quicker, the rates are competitive, we only require a soft credit check, no tax returns or employment requirements, and the seasoning periods a very short.

She may be getting alimony payments sufficient to allow her to qualify on her own.

Not sufficient for individuals' identification always, though.