Reinvest all of your money back into your properties, keep them in great shape, by great properties and slowly get rents up, don't look for 20% returns on day one, and don't quit your day job.That is not what most people want to hear. 

It's a bold move to buy a house is disastrous shape, and even though it's a step by step process,  to me and probably many others it feels like climbing a massive mountain. 

If it can support itself as a rental you should be in good shape. 

At that value point, its hard to imagine they are in good shape - DSCR Loans are only for turnkey rentals - you might actually be looking for Hard Money for rehabs or a LOC

There are also REIA groups in nearly all major metros.Conferences: The Biggerpockets conference and/or the Best Ever Conference are two good ones that will let you meet investors of all shapes and sizes, from syndicators to LPs to direct owners in nearly all asset classes, from SFRs to Airbnbs to apartments and retail, industrial, RV parks, etc.

Most companies are considered in good shape if it’s less than 1.5.

It is ultimately your community, so you shape your own future.

It has a ~480 sqft detached garage in good shape.

These loans can be a bit more expensive and don't always have as good a rate as conventional.If you are doing a flip and/or purchasing a property that is in such rough shape that conventional financing won't work, then hard money is a good option.

My mortgage is around 1200 and average good shape and expenses are very minimal.